Shop to Let in Prominent Location – Offers in Excess of £15,000 per annum exclusive

£POA

Gross internal area 1,080 square feet/100m2                                                                                                                                  Nett internal area 980 square feet/91m2

The property is secured under Title BD61989.

Location – Luton which has a population of approximately two hundred and twenty thousand people straddles junctions 10 and 11 of the M1 motorway thirty miles north of London and fifteen miles south of Milton Keynes.

The property is contained in the neighbourhood area of Leagrave, within walking distance of Leagrave mainline railway station and five minutes’ drive of junction 11 of the M1 motorway.

Description – It forms a self-contained ground floor lock-up shop of a two storey building with two self-contained flats over (not included in the letting) in a parade of five mixed use shops.

Accommodation – The following accommodation is provided:

 

Shop depth 55’4 16.86m
Shop width 16’0 4.87m
Rear section depth 12’9 3.88m
Rear section width 16’0 4.87m

Facilities

  • Return window frontage
  • Single phase electricity
  • Mains drainage
  • Mains water
  • 2 x WC

Planning – The property has been used as a book maker.  Prospective tenants are advised to check with the local planning authority that their proposed use complies with planning policy.

Lease Terms – A new ten year lease at a rent of at least £15,000 per annum exclusive is available incorporating a rent review at the fifth year.

The tenant will be responsible for internal repairs and decoration.

A service charge will be payable the details of which will be provided.

Energy Performance Certificate – An Energy Performance Certificate will be made available.

Rateable Value – According to the Valuation Agency website (www.voa.gov.uk) the rateable value is £9.806.00.  Prospective tenants should verify this.

Legal Costs – Each party to pay their own costs.

Viewing – Strictly through Peter Hill Chartered Surveyors (01582 405808 or 07973 148576).

 

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