Luton which has a population of two hundred and fifty thousand people when combined with Dunstable straddles junctions 10 and 11 of the M1 motorway. This property is situated within walking distance of the town centre, Mall Shopping Centre and mainline railway station.
Junction 10 of the M1 motorway is within ten minutes’ drive in normal traffic conditions.
The property which has a frontage to Hitchin Road offers an excellent self-advertising position.
It comprises a two-storey, inner terraced factory unit constructed of steel framework around a solid floor enclosed with part cavity brick/block walling to a height of approximately 2m above which is insulated fluted tin cladding which covers the roof.
The following accommodation is provided:
|Ground Floor||562 square feet||/52.5m2|
|First Floor||562 square feet||/52.5m2|
|Total gross internal floor area||1124 square feet||105.0m2|
The property benefits from:
|Double glazed windows||Gas fired central heating|
|Hot water||Mains electricity|
|Three phase electricity||One parking and one loading space directly outside|
|Floor covering to first floor||First floor kitchenette|
A new three year Landlord & Tenant Act excluded lease is available on full repairing and insuring terms.
A service charge of £87.14 per month is payable providing for a contribution towards the upkeep to common parts including the car park area.
The landlord will reserve the right to charge VAT.
The property has an established use of Class B1 and B8 under The Use Classes Order 1987 subsequently amended. The landlord may consider other commercial uses including employment and training or beauty related trades but others could be considered.
An Energy Performance Certificate will be provided.
According to The Valuation Agency website (www.voa.gov.uk) the rateable value is £8,800. Prospective purchasers should verify the Uniform Business Rate is presently 46.6p.
Each party to pay their own although any in-going tenant to give an undertaking against abortive legal costs to cover landlord’s legal costs should any prospective tenant withdraw once draft documents are provided.