40 HIGH STREET NORTH, DUNSTABLE, LU6 1LA

Description:

Mid terraced, pavement lined property which until recently has been used as a ‘charity shop’ by Oxfam.

The retail area is extensive 1,475.73 sq ft/137.10 sq m and provides double aluminium framed shop front, solid floor with carpeting, 3 phase electric, radiator heating.

Further, there is basement storage of circa 527.51 sq ft/49.02 sq m accessed via the sales area.

At first floor rear is office/workroom space inclusive of kitchenette and twin w/c, totalling 905.59 sq ft/84.16 sq m.

To the rear is a concrete framed warehouse of 1,585.70 sq ft/147.37 sq m ground floor plus 562.19 sq ft/52.24 sq m mezzanine.

There is private off road parking provision.

At the front the first and second floor apartments have been sold off on long ground leases (120 years from May 2018).

Location:

The property is prominently positioned in a prime location within Dunstable town centre.

Terms:

Our client would consider leasing the warehouse separately at £13,500.00 per annum exclusive upon a new full repairing and insuring lease for a term to be agreed.

A lease on the entire building (including warehouse) is available upon full repairing and insuring terms at a rental of £35,000.00 per annum exclusive.

The freehold interest is available for £475,000.00.

Legal Costs:

Each party to bear their own legal costs incurred.

VAT:

Plus VAT at the appropriate rate if applicable.

Rateable Value:

We have verbally been informed by Central Bedfordshire Council that the rateable value is £19,750.00. (Please note these are not the rates payable.) If the property is split, this sum will need to be amended.