Summary - 3, GEORGE STREET AL3 4ER
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Rare investment opportunity in bustling St Albans city centre
- Total income of £46,100 per annum, offering a robust 7.68% yield
- Attractive Grade II listed building with historical significance
- Extensive retail space: 1,726 square feet across two adjoining shops
- Prime location benefiting from high pedestrian traffic
- Close proximity to a variety of amenities and services
**Potential Concerns:**
- Limited renovation, development, or extension potential due to listed status
- Located in an area with high crime rates
Discover a rare investment opportunity in the heart of St Albans with this exceptional retail property at 2 & 3 George Street. This prominent Grade II listed building features two expansive adjoining retail units, with 1,726 square feet of prime retail space ready to capitalize on the vibrant city centre's pedestrian traffic. Generating an impressive income of £46,100 per annum, this property presents a strong 7.68% yield, making it an appealing prospect for investors.
While enhancing the business landscape, prospective buyers should consider the challenges of limited renovation possibilities associated with its listed status. The local area, home to affluent families and highly qualified professionals, boasts a plethora of amenities within walking distance, from cafes to boutiques, supporting the potential for a thriving retail venture. Be part of St Albans' thriving market scene—this unique opportunity won’t last long!
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