59 The Quadrant
Marshalswick
St Albans
AL4 9RD
Shop
Tenure: Freehold
Potential Rent: £15,000 PA
Current Ground Rent Per Flat: £250 PA x 2 flats
Lease x 2 flats: 125 years from 2016
Cassidy & Tate are pleased to present an opportunity to purchase a freehold asset located within the popular Fleetville area of St. Albans.
It spent its first decade as a private house before being converted into a shop. It had a long career as a confectioner before becoming a well-known art gallery which sold a mixture of affordable art and more established contemporary pieces. Hatfield Road is the main arterial route into St Albans from the east. The shop is situated next door to a beauty salon and numerous other retailers. It is also close to the mainline railway station that links St. Albans to London in just under 30 minutes. The new owner would benefit from a well-established premise on a busy road, and a base of regular customers, enabling it to continue trading for years to come.
For further information or to arrange an inspection, please contact the exclusive agent, Stuart Cassidy on 01727 832 383
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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