Unit B1, Ivinghoe Business Centre Blackburn Road, Houghton Regis, LU5 5BQ

Description:

The property is of portal frame construction and has blockwork and brick elevations with profiled metal cladding. It benefits the following:

• Ground floor = 1,010 sq ft (93.83 sq m).
• Mezzanine = 794 sq ft (73.76 sq m).
• Minimum eaves height of approximately 3.48m.
• Ridge height of approximately 4.78 m.
• Forecourt parking for circa 3 vehicles.
• Manual roller shutter.
• Single pedestrian access door.
• Kitchenette facility of first floor.
• Single w/c on first floor.
• 3 phase electric supply.
• Gas boiler and radiator heating.
• Translucent tiles in ceiling.

Location:

The property is located on the Ivinghoe Business Centre, just off Blackburn Road. The Ivinghoe Business Centre is a private industrial/business estate within Houghton Regis’ main industrial area.

Via arterial routes the property has good road links to the M1, Junction 11a, and the A5. Furthermore, it is a short walk from Houghton Regis’ town centre and a short drive from Dunstable’s town centre.

Terms:

The property is available to purchase upon a freehold basis for £235,000.

Please note the adjacent Unit B2 is also available to purchase for £220,000. If both properties were to be purchased by the same entity there is potential for them to be inter-connected.

Legal Costs:

Each party to bear their own legal costs incurred.

VAT:

Plus V.A.T. at the appropriate rate if applicable.

Rateable Value:

The Rateable Value of this property as of 01 April 2023 is £15,250 (please note that this is not rates payable). Further information is available at www.tax.service.gov.uk

Subject to certain conditions, you will not pay Business Rates on a property with a Rateable Value of £12,000.00 or less. For properties with a Rateable Value of £12,001.00 to £15,000.00 the rate relief will go down gradually from 100% to 0%, i.e. if your Rateable Value is £13,500.00 you will get a 50% reduction off your bill.