| LOCATION: | | London Properties are pleased to offer to the market this well-established WHSmith local newsagent located in Sundon Park parade in the popular Sundon Park area of Luton There are schools, shops and amenities available locally plus bus routes, Leagrave station and the M1 motorway all in the close proximity |
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| DESCRIPTION: | | Double fronted shop unit with CCTV cameras, air conditioning, fully alarmed and the business sales the following office, newspapers, magazine subscriptions, lottery, back to school, stationery, confectioners, cigarette & tobacco. No newspaper Deliveries The current owner has been running the same business for over 30yrs hence time for retirement. WHSmith contract has assigned to the shop in past 5years. |
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| USES: | | Class A & the old A1/A2 and the unit comes with alcohol license register to the premises. |
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| PREMIUM: | | £120,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill |
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| RENTAL: | | £15,000 per annum |
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| TERMS: | | The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews. |
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| BUSINESS RATES: | | Nil. All interested parties are encouraged to make their own enquiries with local authority |
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| SIZE: | | Approximately 796 sq ft |
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| OPENING HOURS: | | Monday - Saturday 6:00 a.m. till 6:00 p.m. & Sunday 6:00 a.m. till 1:00 p.m. |
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| STAFF: | | Owner Managed with 1 staff |
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| TURNOVER: | | We are advised that the weekly turnover is approximately £7800 to XXXer week excluding Lottery. We do not have any utility payments. |
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| ACCOUNTS: | | Available on viewing |
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| LEGAL COST: | | Each party to be responsible for their own legal costs |
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| LOCAL AUTHORITY: | | Luton |
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| ENERGY PERFORMANCE CERTIFICATE: | | Available Soon |
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| 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 |
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| HOLDING DEPOSIT: | | 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 |
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| FIXTURES & FITTINGS: | | Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition |
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| AGENT NOTE: | | London Properties for themselves for Lessors, Vendors and their agents, give notice that: - 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract. 3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 4. All rent prices, fees and charges are quoted exclusive of VAT |
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| VIEWINGS: | | Internal viewings are highly recommended through London Properties by appointment only. |