Retail property (high street) for sale
Property description & features
- Tenure: Leasehold (10 years remaining)
- Class B1/B2
- Premium £115,000 for the benefit of the new lease, fixtures & fittings.
- Rental £16,800 per annum plus VAT
- 10 years lease expires June 2033
- Approximately 1500 sq ft - Ground floor 1,223.55 sq ft - Mezzanine store 227.53 sq ft
- Opening Hours Monday - Saturday 9:00 am -till 5:00 p.m & Sunday closed
- Family Run
- Size: 1499
Flowers Industrial Estate is accessed off Latimer Road, just off Park Viaduct dual carriageway, having good access to the M1, Junction 10, the town center and London Luton Airport.
DESCRIPTION:
End terraced factory built in circa late 1990’s with forecourt parking. It has been used for many years as a Class 4 -7 Mot center, Ground floor 1,223.55 sq ft., Mezzanine store 227.53 sq ft., Steel portal frame construction, pitched lined roof with translucent panels., Solid factory floor, Good Ridge height, Up and over access Shutters 3.08m wide x 2.97m high., Ground floor office, kitchen, w.c. and reception area., 100 amp per phase/3 phase electric., and Forecourt parking for circa 3/4 vehicles.
USES:
Class B1/B2
PREMIUM:
£115,000 for the benefit of the new lease, fixtures & fittings.
RENTAL:
£16,800 per annum plus VAT
TERMS:
10 years lease expires June 2033
BUSINESS RATES:
£720 per annum. Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council
SIZE:
Approximately 1500 sq ft - Ground floor 1,223.55 sq ft - Mezzanine store 227.53 sq ft
OPENING HOURS:
Monday - Saturday 9:00 am -till 5:00 p.m & Sunday closed
STAFF:
Family Run
TURNOVER:
Available on request
ACCOUNTS:
Available on request
LEGAL COST:
Each party to bear own legal cost
LOCAL AUTHORITY:
Luton
REFERENCE CHARGE:
London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT:
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
AGENT NOTE:
London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS:
Through London Properties by appointment only.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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