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

3,075 to 6,176 Sq Ft / Offices

For Sale - £445,000.00

Available - Last updated: 18 October 2022

Description:

The 2 purpose built, 2 storey offices are currently part let.

The left side of the ground floor of Essex House is let to international car hire company Sixt, paying £24,366 per annum exclusive, with allocated parking.

The right side of the ground floor of Essex House is let to Twinjet Aircraft Sales (UK), paying £8,478 per annum exclusive.

The first floor of Essex House is vacant and benefits good allocated parking provision.

Eaton House is entirely vacant and benefits good allocated parking provision.

Eaton House
3,075 sq ft/285.98 sq m

Essex House
1,550.50–3,101 sq ft/144.20–288.39 sq m

Location:

Located within the confines of London Luton Airport, being close to Luton town centre, 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 premises are held upon 3 long ground leases.

1. Eaton House from 1990 until 2115 - Passing ground rent £12,750 per annum.
£445,000 for the purchase of the long ground lease interest.
2. Essex House from 1989 until 2114 - Passing ground rent £12,370 per annum.
£455,000 for the purchase of the long ground lease interest, (3.) inclusive of a further held on a ground lease until 2114 at a ground rent of £960 per annum.

Legal Costs:

Each party to bear their own legal costs incurred.

VAT:

We are advised V.A.T. will be applicable.

Rateable Value:

The Rateable Values are as follows (please note that these are not the rates payable). Further information is available at www.tax.service.gov.uk

Eaton House - £38,500

Essex House
Ground Floor
Left Suite – £12,500
Right Suite – £11,000

First Floor
Left Suite – £11,500
Right Suite – £11,500

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale £445,000.00 NA

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S.R. Wood & Son

S R Wood & Son Ltd

01582 206183



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