160 High Street London Colney AL2 1QF

Lease Assignment – Ground Floor Shop

Location:  Situated in the centre of London Colney High Street. London Colney is a large village located outside St Albans and within a short drive to M1 and M25.

Description:  A ground floor modern retail premises with Class E currently trading as a sun tan shop and nail bar approx. 708 sq ft comprising of 3 x treatment rooms large storage area and ancillary rooms. as well as benefiting from electric shutters and air conditioning. The property is in good condition and benefits from rear storage/utility area , electric shutters and air conditioning.

Available by way of lease assignment being 10 years from December 2020,approx. 6 years remain unexpired.

An early viewing is strongly advised.

TERMS:

Rent:                                            £10,000 pax

Premium:                                   Offers Invited

Lease:                                          Lease assignment being 10 years from December 2020.

Business Rates:                       Rateable Value for 2024/25 is currently £9,400 pa.

All interested parties should make their own enquiries either via St Albans City &  District Council or via www.voa.gov.uk.

CEPC:                                         E Rating (105) valid until 04/02/30

Legal Costs:                             Each party to be responsible for their own legal costs.

Anti-Money Laundering: In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.

Viewing:                                    Strictly by appointment only through owners agents Grovelands  020 8731 9777 www.grovelands.net