AL5 65 & 67 High Street, Harpenden

Comprises an attractive Grade II Listed two storey front building currently occupied as a caf? together with offices (9 rooms) which are let out as serviced suites. There is a two storey (plus attic room) building to the rear constructed in the 1990's which provides 7 flats, some of which have courtyard gardens. The rear building is accessed from a driveway off of Sun Street.

To the rear there is parking for approximately 5-7 cars.

The property has the benefit of electricity, gas, water and it is assumed mains drainage.

The property has gas central heating or electric heating and is part double glazed/part single glazing

The front commercial parts are let out on Tenancy at Wills. The rents are inclusive of service charges, utilities and common part/external repairs but excluding business rates. Currently 6 of the 8 office rooms are occupied but when fully let, the total rental for this element would be £70,500 per annum. The Café is let to Brad & Dills on a tenancy at Will at an inclusive rent of £21,600 per annum. The total potential inclusive rental income for the commercial parts is £92,100 per annum.

The residential parts are currently let out as serviced apartments at £120 per night (Studio £95 per night). If they were let out on AST's then the likely rental income is circa £10,450 pcm / £125,400 per annum.

Situated prominently on High Street, close to its junction with Sun Lane within Harpenden Town Centre. The surrounding occupiers comprise a mixture of offices, retail and restaurant operators. Harpenden mainline train station is within ¼ mile of the property providing a fast and frequent service into St Pancras (25 mins)

Daily trains from Harpenden station to London St Pancras via Thameslink, taking just over 20 minutes to central London. The train service also connects to Brighton, Luton and Gatwick Airport.

POTENTIAL Income:

Comm Rentals £92,100 pa

Resi Rentals £125,400 pa