UNITS 16 & 17 LANGLEY TERRACE INDUSTRIAL ESTATE, LATIMER ROAD, LUTON, LU1 3XQ

Description:

Unit 16 – 1,091 sq ft (101.40 sq m)

Unit 17 – 1,086 sq ft (100.94 sq m)

Langley Terrace is a popular trading estate of 2 facing terraces of similar sized/constructed premises with 18 units in total. Units 16 and 17 are mid-terraced and face Latimer Road.
The units have an inter-connecting roller shutter door (2.41m wide x 2.54m high) and a pedestrian access door.

Unit 16
• Paint sealed floor.
• LED lighting.
• 5m ridge height.
• Whitewashed block walls.
• Manually operated roller shutter.
• Air conditioning.
• Allocated car parking.

Unit 17
• Paint sealed floor.
• LED lighting.
• 5m ridge height.
• Whitewashed block walls.
• Air conditioning.
• Allocated car parking.

Location:

Latimer Road falls within the New Town suburb of Luton, which is on the fringe of the town centre, having good road links to the town centre, London Luton Airport, the M1, Junction 10, and the A505.

Terms:

The two units can be purchased freehold at £525,000. We are advised that V.A.T. is not to apply to the sale price.

Legal Costs:

Each party to bear their own legal costs incurred.

VAT:

We are advised that V.A.T. is not applicable.

Rateable Value:

The Rateable Value of these properties combined is £18,750 (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.