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EATON HOUSE PROCTOR WAY, LONDON LUTON AIRPORT, LU2 9PE

3,075 Sq Ft / Offices

Withdrawn - Last updated: 23 August 2023

Description:

Uniquely in private ownership, the purpose built, 2 storey office building is held upon a ground lease by our client which commenced on 12.11.90 and expires on 01.12.15.

The entire brick built property is vacant and benefits:

• Entrance lobby.
• W/c provisions on both floors.
• Good on site parking.
• Good natural daylight.

Location:

Located within the confines of London Luton Airport, being close to the M1, Junction 10, and Luton Parkway train station which provides travel between London Luton Airport and London St Pancras in just 30 minutes.

Terms:

The entire property is available to purchase for £XXX or to lease for £XXX per annum exclusive for a term to be agreed. The first year's rental will however be reduced to £XXX per sq ft, i.e. £XXX per annum.

The property is held upon a 125 year ground lease basis dated 14.02.91 (subject to a Deed of Variation dated 13.01.95) from London International Airport Ltd, which expires in 2115. The passing ground rent is £XXX per annum. Ground rent reviews are every 5th year.

Note – the adjacent premises, Essex House, is also available to lease or purchase.

Legal Costs:

Each party to bear their own legal costs incurred.

Rateable Value:

The Rateable Value of this property is £XXX (please note that this is not rates payable). Further information is available at www.tax.service.gov.uk


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