Retail premises for sale in Latimer Road, Luton LU1

£115,000

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London Properties Are Pleased To The Market This Very Well-Established One-Man Class 4 -7 Mot Center Located In Flowers Industrial Estate Is Accessed Off Latimer Road

Interested in this property? Call +44 20 3478 3524 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale

Property features

  • 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

Property description



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.





Arrange Viewing

For more information about this property, please contact
London Properties, HA3 on +44 20 3478 3524 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by London Properties, and do not constitute property particulars. Please contact London Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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