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Location

This prime site is situated in the city centre, within a few minutes’ walk of the main shopping area (St Peter’s Street) and St Albans City Thames Link station, providing rapid access to Central London. St Albans is just north of junction 22 of the M25 and easily accessible via the M1 and A1(m).

Description

This standalone office building constructed in 2001 is close to the junction with Marlborough Road. It currently provides self-contained, modern offices over ground and two upper floors.

Download PDF for table of floor areas. 

Size

3,866 - 3,866 sq ft (359 - 359 sq m) approx

Amenities

  • Category II Lighting
  • R22 compliant air conditioning
  • Automatic passenger lift
  • Kitchenette at each level
  • Disabled WC
  • Ample on-site car parking

Price

The Freehold of this exciting opportunity is available immediately. It will initially have the benefit of the short-term income from Northland Controls, on a lease expiring 23rd May 2018 (contracted outside the L & T Act), subject to the passing rent of £90,000 per annum (£23.28 per sq ft). Price on application.

Rates

The new rateable value from 1st April 2017 is £70,000.

Service Charge

TBC

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