Site last updated Jul 20, 2010
blue box
Charter Court, Victoria Street, St Albans, Herts.
 
Stalbans

This is a 1980’s office building arranged on three floors with a net internal area of 18,750 sq. ft. The property was acquired for just over 3,000,000 with vacant possession and in need of a total refurbishment.

The building was the subject of a major refurbishment involving approximately 1,000,000 to include air – conditioning, new ceilings, lift cage, carpeting and lobby areas and a revamped and extended entrance hall.

Current Situation

The entire property has been entirely let to Burtons Foods Limited for a term of 15 years at an initial rental of 315,898 per annum (22.00 per sq ft), rising in year 4 to 330,257 per annum (23.00 per sq ft).

 

 
 
 
 
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