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Mon, Jun 14 2021 12:15:25 PM  |  /

London Properties are pleased to offer to the market this A1/A2 shop unit currently trading as a Asian Fashion Clothes shop

Luton, Bedfordshire | Luton, Bedfordshire, United Kingdom
Commercial Id:000742     |    Reference: leagrave-Road-LU4
Leasehold Price:
£20,500.00
Commercial Description

LOCATION: The premises are prominently positioned within the Bury Park suburb of Luton, favored by the local Asian population. Luton is a vibrant, multicultural and cosmopolitan community. Here are some of the facilities Luton has to offer: Museums, Theatre and Cinema Complex, Biggest European Carnivals also the Town Centre which has a wide variety of shops and markets which is only couple of minutes away

DESCRIPTION: Well fitted out shop unit currently trading as Asian Fashion Clothes with lighting, lower deck and upper deck, store room, WC, Kitchenette, garden and one-bedroom upper parts and off-street parking to front.

USES: A1/A2

PREMIUM: £60,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill

RENTAL: £20,500 per annum with the one-bedroom upper parts

LEASE: Approximately 15 years remaining

SIZE: Approximately 871 sq ft

BUSINESS RATES: Nil. From information obtained from the Valuation Office Agency website www.voa.gov.uk

UPPER PARTS: One-bedroom upper parts & currently rental out and achieving £8,400 income per annum

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Luton

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 52- C Rating. C copy of this property’s energy performance certificate is available on request.

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

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

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: Internal viewings are highly recommended through London Properties by appointment only.


 
Commercial Information
Property Status:   Leasehold
Is this commercial relocatable: No
Commercial Sector: Retail
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