London Properties are pleased to offer to the market this freehold shop unit with 3 bedroom duplex upper parts

9

Luton, LU1

Price Asking Price £495,000

London Properties are pleased to offer to the market this freehold shop unit with 3 bedroom duplex upper parts

LOCATION: This commercial property very close to Luton town Centre, Luton Train Station, local amenities, and ONLY minutes away from J10 of the M1. Luton has regular rail services to London and the Midlands and offers a choice of three separate railway stations being Luton Parkway Airport, Luton and Leagrave.

DESCRIPTION: Single fronted with full gas fired central heating & quality tiled floor, attractive wood strips to walls, ceiling with wood strips, wall & ceiling lighting. Tables & chairs providing seating for 30 persons. Open plan kitchen with tiled floor, stainless steel cladding to walls, stainless steel extractor, gas griddle, double deep fryer, upright deep freezer, walk in cold room, sink, etc. Customers’ cloakroom with WC. & wash hand basin. Basement - ideal for storage purposes

USES: A3


TENURE: Freehold £495,000

BUSINESS RATES: Uniform business rates: £600 p.a. approx. (after small business relief). Nil payable after small business relief. All interested parties are encouraged to make their own enquiries with local authority

SIZE: Shop unit 473 sq ft & Flat 710 sq ft


UPPER PARTS: Above there is a 3- bedroom duplex flat, given the right opportunity could be converted into a 1 bedroom and 2 bedrooms flat to exercise more income. currently receiving a rent of £1,100 per calendar month.

TURNOVER: Current turnover in excess of £182,000 per annum approximately. Great opportunity to increase sales with longer opening hours

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Luton

ENERGY PERFORMANCE CERTIFICATE: Shop Unit Energy Performance Asset Rating is 54- C Rating. C copy of this property’s energy performance certificate is available on request. Upper Parts Energy Performance Asset Rating is 52- E Rating. C copy of this property’s energy performance certificate is available on request.

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

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


Tenure  : Freehold

    Additional Details

  • Reference number: Wellingtonfreehold

Property Features

  • Furnishing: Furnished
  • Tenure: Freehold
  • Current Occupant: Vendor
  • Fridge Freezer
  • Microwave
  • Full Double Glazing
  • Washing Machine
  • Oven/Hob
  • Gas Central Heating
  • Combi Boiler
  • Class: A3 : Restaurants and cafes
  • Size: 1183

More Information

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