SOLD

TypeRetail Investments · Ground Rents · Assured Shorthold Tenancies · Shops

AL5 14-18 Station Road, Harpenden

TenureFor sale

14-18 Station Road, Harpenden, AL5 1/5

Specification

Building size
Building size 4,871 sqft
Property type
Property type Retail Investments · Ground Rents · Assured Shorthold Tenancies · Shops
Tenure
Tenure For sale

Description

Retail and Residential Investment Opportunity With Car Parking

Two storey end of terrace premises divided into two retail units known as 14 and 16 Station Road together with a long leasehold property at 18 Station Road. There are 3 self contained flats known as 14a, 14b and 16b Station Road with a further long leasehold flat at 18b.

Each property is let individually save for 14 High Street where the vendor will vacate prior to completion.

The current total income is £72,400 per annum which will increase to £101,110 per annum on the letting of 14 High Street.

The retail unit and the flat at 18 and 18a have been let on a long leasehold producing a peppercorn rent.

Strictly by appointment via sole agent.

Ground Floor 14 Station Road ERV: £28,710 - vacant Ground Floor 16 Station Road Rent: £28,000

Ground Floor 18 Station Road Rent: peppercorn - sold by way of 999 year lease First Floor 14a Station Road Rent: £14,400 per annum First Floor 14b Station Road Rent: £12,600 per annum First Floor 16a Station Road Rent: £17,400 per annum FiFir Floor 18a Statitatioad Rent: peppercorn - sold by way of 999 year lease

Location

Northern side of Stati Statitd approximately 100 metres (0.6 miles) east of its junction with the High Smeteet (A108s)in the centre of the town of Harpenden.

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