Space Estates

Tel: 01442 384831

16 London Road
St. Albans
AL1 1NG

Car Park, London Road, St Albans

Asking Price £98,500 Sold (STC)

Land

A highly sought after Town Centre location carpark comprising of 6 spaces.

Vehicular access via ‘London Road Car Park’ and pedestrian cut through to London Road.

It is ideally situated for easy access to the surrounding commercial and residential units. Being sold on a Leasehold Tenure with a new Lease of 99 years which also permits the rental of spaces by the Leaseholder.

Can be purchased as an investment with the current tenant paying £635.00 per month on an annual renewal licence. The current licence expires on 31st March 2026. The licence provides for either party to give 3 months notice to bring the tenancy to an end.

Ground rent of £1200 per annum.

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Property data and search facilities supplied by www.vebra.com