Freehold Off/License/Convenience Store with 2 Bedroom Uppers Which is currently Rented

14

Luton, LU1

Price Asking Price £550,000

Freehold Off/License/Convenience Store with 2 Bedroom Uppers Which is currently Rented

LOCATION: The business is located on Dallow Road which is a very busy road through Luton there are a range of other independently owned businesses on the street. Luton is a suburb of Bedfordshire and is densely populated; Dallow Road in particular enjoys a high level of traffic and foot fall. Parking is available on the street

DESCRIPTION: Single fronted shop unit with CCTV cameras, air conditioning, fully alarmed and the business sales the following off license/convenience store, stationery, confectioners, cigarette/tobacco & exterior wall mounted cash machine

USES: Class E and old Class A1/2

TENURE: Freehold £550,000

BUSINESS RATES: Nil. From information obtained from the Valuation Office Agency website www.voa.gov.uk

SIZE: Approximately 530 sq ft Shop Unit & 2 Bedroom Upper Parts Approximately 613sq ft Total 1,143 sq ft

OPENING HOURS: Monday - Sunday 08:00 a.m till 12:00 p.m

STAFF: Owner Managed with 2 Staff

UPPER PARTS: 2-bedroom upper parts with separate entrance and current achieve £800 per calendar month on a Shortheld tenancy

TURNOVER: We are advised that the yearly turnover is approximately £624,000 per annum

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


Energy Performance Asset Rating is 47- E Rating. E copy of this property’s energy performance certificate is available on request. Upper Parts

LEGAL COST: Each party to bear their own legal costs

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is nonrefundable 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.

    Additional Details

  • Reference number: Dallow_LK_Road

Property Features

  • Furnishing: Furnished
  • Tenure: Freehold
  • Current Occupant: Vendor
  • Fridge Freezer
  • Full Double Glazing
  • Washing Machine
  • Oven/Hob
  • Gas Central Heating
  • Combi Boiler
  • Class: A1 : Shops
  • Size: 1143
  • DaltonsBusiness Category: Convenience Stores

More Information

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