Land For Sale £3,000,000
Construction of Napier Court is at an advanced stage for the erection of this attractive gated and courtyard development of 14 predominantly one and two bedroom apartments, all with private balconies.
Napier Court is situated on Hatfield Road, which is a key transport link to the centre of St Albans. The local area consists of a mix of residential and neighborhood retail and commercial uses. St Albans City Train Station is just over 0.5 miles away, offering regular services to London St Pancras.
The property is held freehold, subject to an Agreement for a 999 year lease of the ground floor commercial space, once completed, to the previous site owners at a peppercorn rental. The sale is also subject to a further agreement to sell the reversionary freehold agreement to the original owners for nil consideration, once all 14 apartments have been sold on a long leasehold basis.
VAT will be chargeable on the purchase price.
Unconditional Offers are invited.
Contact Kallars for more information.
Personal Interests Dec: In accordance with section 21 of Estate Agents Act 1979, we declare there is a personal interest in the property, the vendor of the property is an employee of this Estate Agent.
Agents Note
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Kallars Property Agents Ltd.
Aml Disclaimer
Please note it is a legal requirement that we require verified id from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.
Napier Court is situated on Hatfield Road, which is a key transport link to the centre of St Albans. The local area consists of a mix of residential and neighborhood retail and commercial uses. St Albans City Train Station is just over 0.5 miles away, offering regular services to London St Pancras.
The property is held freehold, subject to an Agreement for a 999 year lease of the ground floor commercial space, once completed, to the previous site owners at a peppercorn rental. The sale is also subject to a further agreement to sell the reversionary freehold agreement to the original owners for nil consideration, once all 14 apartments have been sold on a long leasehold basis.
VAT will be chargeable on the purchase price.
Unconditional Offers are invited.
Contact Kallars for more information.
Personal Interests Dec: In accordance with section 21 of Estate Agents Act 1979, we declare there is a personal interest in the property, the vendor of the property is an employee of this Estate Agent.
Agents Note
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Kallars Property Agents Ltd.
Aml Disclaimer
Please note it is a legal requirement that we require verified id from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.
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