Rental bids required in excess of £20,000 per annum exclusive for a twenty one year lease with three year rent reviews
Title: The property is secured under Title BD4841.
Location: The property sits prominently at the junction of Hill Rise and Tenth Avenue in the neighbourhood area of Sundon Park directly opposite the Sundon Park shopping parade. Junction 11 of the M1 motorway is within ten minutes’ drive in normal traffic conditions and Leagrave mainline railway station is within half a mile.
Description: It comprises a two storey timber framed building enclosed with a low pitch, felt covered roof. The entire ground floor and part first floor comprise the lettable space.
|Ground Floor Open Area||1093 sq ft|
|First Floor Main Room||213 sq ft|
|First Floor Smaller Room||114 sq ft|
|Nett internal floor area||1420 sq ft|
Facilities: Fire Alarm, Mains Electricity, Mains Gas, Mains Water, Female and Male WC
Car Parking: There is car parking for at least six cars on the forecourt although if used as a nursery building this could be utilized as part parking area and part play area.
Planning: Any prospective purchaser concerned about planning issues should consult The Planning Department, Luton Borough Council. Town Hall, Luton, Bedfordshire LU1 2BQ.
Lease Terms: A twenty one year lease incorporating three year rent reviews on a full repairing and insuring basis.
EPC: An Energy Performance Certificate will be available.
Rateable Value: The property will need to be reassessed for rating.
Legal Costs: The ingoing tenant to be responsible for the landlord’s legal costs to be paid when solicitors are instructed.
Surveyor’s Costs: The ingoing tenant will be responsible for the landlord’s surveyor’s costs calculated at the rate of ten percent of the rent agreed and payable on completion when solicitors are instructed.