Rare opportunity to acquire a Freehold factory with vacant possession

Offers in Excess of £535,000

Location 

Luton which has a population of two hundred and twenty thousand combined with Dunstable is approximately thirty miles north of London.

This property is contained in the neighbourhood area of Leagrave and forms an infill industrial area in a heavily populated residential area.

Leagrave main line railway station and junction 10 of the M1 Motorway are within ten minutes of the property.

Description 

It was constructed as a single storey rectangular factory unit by the vendors in or around 2000, of steel, cavity brick/blockwork walling enclosed by a metal clad, low pitched roof within which has been properly constructed a mezzanine floor over the majority of the property which now provides for two floors.

Accommodation

The following accommodation is provided:

· Ground Floor 2,505 square feet / 233m2
· First Floor Offices/Showroom 1,240 square feet / 115m2
· Mezzanine Store Area 738 square feet / 69m2
4,483 square feet / 417m2

Facilities

· Three phase electricity
· Single phase electricity
· Gas fired central heating
· Mains water
· High loading door
· Excellent car parking and loading facilities
· Secure fencing
· Full height loading area with full height loading doors of circa 500 sq ft

Planning

The property has, since its construction, been used for its existing use and purchasers are advised to verify with the local planning authority that the existing planning consent suits their requirements.

VAT

The property is not VAT registered.

EPC

An Energy Performance Certificate will be made available.

Rateable Value

According to The Valuation Agency website (www.voa.gov.uk) the rateable value is £25,000. Prospective tenants should check this.

Legal Costs

Each party to pay their own costs.

Viewing

Accompanied viewing is strictly through owner’s sole agent Peter Hill Chartered Surveyors where Peter Hill (01582 724828/07973 148576) is dealing with the matter.

Property Enquiry