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63 Catherine St

Shop for sale

£175,000 1,391 sq ft

Aitchison Raffety
View the performance or update the listing in CoStar
Contacts

Matthew Bowen - Aitchison Raffety

Anthony Woodcock - Aitchison Raffety

Full address
63 Catherine St, St Albans AL3 5BN – St Albans
Highlights
  • The premises are situated in an prominent corner position fronting on to Catherine Street at its junction with Etna Road.
  • Close to St Albans city centre
Property type
Shop for sale
Asking price
£175,000
Available space range
There is 1 space available. This measures 1,391 sq ft.
Features
Storage Space
Brochure
Download the brochure

Sale details

Sale unit 3430902 Available

1,391 sq ft, £125.81 per sq ft

Unit Sale unit 3430902
Address 63 Catherine St, St Albans, Hertfordshire, AL3 5BN, GB
Size 1,391 sq ft
Price £175,000
Price per unit £125.81 per sq ft
Unit Sale unit 3430902
Address 63 Catherine St, St Albans, Hertfordshire, AL3 5BN, GB
Size 1,391 sq ft
Price £175,000
Price per unit £125.81 per sq ft
Sale type Investment
Tenure Long leasehold
Net income yield 6.86%
Financial type Actual
Financial year 2018
Net operating income £12,000

Sale notes

  • Retail investment.
  • The premises comprise a self contained ground floor shop, which provides an open plan sales area to the front with a wc and kitchen to the rear.
  • The shop is attractively fitted out with timber laminate flooring and plaster ceiling with inset spot lighting.
  • Energy performance rating 144 (band f).
  • Floor area the net internal floor areas are as follows: retail 228 sq ft (21.16 sq m).
  • Lease the shop is let on an effectively full repairing lease for a term of 10 years from 16th february 2018 at a rent of £12,000 per annum.
  • The tenant is a private individual trading as a tailor and has provided a six month rental deposit.
  • There is a rent review at the end of the fifth year of the term.

Property description

The premises comprise a self contained ground floor shop, which provides an open plan sales area to the front with a WC and kitchen to the rear. The shop is attractively fitted out with timber laminate flooring and plaster ceiling with inset spot lighting. The premises are situated in an prominent corner position fronting on to Catherine Street at its junction with Etna Road. The premises are just under 200 metres from the junction of Catherine Street and St Peters Street.

Building subtype
Storefront
Number of storeys
2
Rentable building area
1,391 sq ft
Year built
1900

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in St Albans.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Aitchison Raffety. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Aitchison Raffety for full details and further information.