London Road
St Albans, AL1

£650,000
23
Call Us 01727 734550
Features

Features

  • Commercial Premises With Accommodation Above
  • For Sale by Modern Auction – T & C’s apply
  • City Centre Location
  • Subject to Reserve Price
  • Private Garden
  • Buyers fees apply
  • Two Bedroom Apartment Above
  • The Modern Method of Auction
  • Basement
  • Close To Mainline Station
Description

Description

Tenure: Freehold

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

 A unique opportunity to acquire a mixed-use building occupying an enviable position within St Albans City Centre. The property is currently made up of a commercial premises (Harry's Take Away) with residential space above laid out as a duplex maisonette. The Cathedral City of St Albans is a prime commercial location offering brilliant commuter links. There is an excellent rail service from St Albans City Station (approx 0.8 miles from the property) which serves London St Pancras in approximately 21 minutes. The road links are also extremely good with easy access to M25, M1 and A1(M). Luton airport is conveniently close by, and Heathrow/Stanstead are very accessible. The property is offered to the market with no upper chain.

The residential accommodation (which has its own access) is in need of modernisation but boasts period features including charming sash windows and pretty fireplaces. There is plenty of potential for awould-be purchaser to renovate to their own requirements.

 

The maisonette is currently laid out over two floors. Starting with the first floor the accommodation is briefly comprised of a three-piece suite shower room, a kitchen/breakfast room and an impressive lounge/dining room measuring in excess of 17ft in length with two large sash windows to the front aspect.

 

Moving up to the second floor your will find two good sized bedrooms both of which boast en suite shower room.

The commercial premises is also laid out over two floors (across the ground floor and basement). Accessed from the London Road with ample footfall the main space on the ground floor is a generous size measuring more than 300 square feet. The basement also offers an extremely useful space. Externally and to the rear there is a private courtyard.

EPC rating: G. Council tax band: X, Tenure: Freehold,

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