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End Terrace Factory / Industrial Unit, Flower Industrial Estate, Latimer Road, Luton, LU1 3XA

1,500 Sq Ft / Industrial / General Industrial

For Sale - £115,000.00

Available - Last updated: 26 April 2024

End terraced factory built in circa late 1990’s with forecourt parking. It has been used for many years as a Class 4 -7 Mot center, Ground floor 1,223.55 sq ft., Mezzanine store 227.53 sq ft., Steel portal frame construction, pitched lined roof with translucent panels., Solid factory floor, Good Ridge height, Up and over access Shutters 3.08m wide x 2.97m high., Ground floor office, kitchen, w.c. and reception area., 100 amp per phase/3 phase electric., and Forecourt parking for circa 3/4 vehicles.

Location

Flowers Industrial Estate is accessed off Latimer Road, just off Park Viaduct dual carriageway, having good access to the M1, Junction 10, the town center and London Luton Airport.

Accommodation

Approximately 1,500 sq ft - Ground floor 1,223.55 sq ft - Mezzanine store 227.53 sq ft

Terms

10 years lease expires June 2033

Uses - Class B1/B2

Premium - £115,000 for the benefit of the new lease, fixtures & fittings.

Rental - £16,800 per annum plus VAT

Business Rates - £720 per annum. Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council.

Opening Hours - Monday - Saturday 9:00 am -till 5:00 p.m & Sunday closed

Staff - Family run

Turnover - Available on request

Accounts - Available on request

Legal Cost - Each party to bear own legal cost

Local Authority - Luton

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.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
London Properties are pleased to the market this very well-established one-man Class 4 -7 MOT center For Sale Leasehold £115,000.00 NA

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020 3151 7463

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