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The Cross Way, Luton LU1, Bedfordshire, LU1 5LY, Luton LU1, LU1 5LY

657 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 14 November 2019

Location: The premises are prominently located in a parade in a large residential area and situated on The Cross Way in Farley Hill, Luton also close by 2 local schools

description: Single fronted shop unit trading as a newsagent, sweets, confectionary, soft drinks, tobacco, toys and stationary only. Newspaper are counter sales only but buyer can do deliveries if there™s demand, as there are over 400 houses on the estate. Has a very loyal customer base within the local community. The shop units hs a large storage room, kitchen, WC and good sized rear gated yard.

Uses: Uses A1/A2

premium: £XXX Guide price for the benefit of the lease & location

rental: £XXX per annum

terms: Current lease until November 2019 (15 years lease term). It is a protected lease so legal right to renew. Landlord is Luton Borough Council

business rates: Nil. However, all interested parties are encouraged to make their own enquiries with council of Luton

size: Approximately 657 sq ft

opening hours: Mon to Fri 630 a.M to 530 p.M. Closed for lunch 1-XXXm every day and Wednesday is half day only.Sat and Sun - 7am to XXXm on Saturday with lunch in between and Sunday is half day only

staff: Owner Managed

turnover: Current turnover in excess of £XXX per annum approximately. Healthy margin - circa 20/21%

accounts: Available on request

local authority: Luton

legal cost: Each party to be responsible for their own legal costs.

Energy performance certificate: Energy Performance Asset Rating is 68- C Rating. A copy of this property’s energy performance certificate is available on request.

Reference charge: London Properties charges a fee of £XXX 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

fixture & 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

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

viewings: Through London Properties by appointment only.


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