Established MOT Center for Sale in Luton - Well-Positioned with Office and Parking
Luton, Bedfordshire
- Status
FOR SALE
- Date Submitted:
03/04/24
- Advert ID
609149
- Reference
Flower_Luton_JOE / Rightbiz
- Call Agent:
- Asking Price: £115,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
London Properties are pleased to the market this very well established one man Class 4 7 MOT center located in Flowers Industrial Estate is accessed
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Flowers Industrial Estate is accessed off Latimer Road, just off Park Viaduct dual carriageway, having good access to the M1, Junction 10, the town center and London Luton Airport. |
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DESCRIPTION: |
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End terraced factory built in circa late 1990’s with forecourt parking. It has been used for many years as a Class 4 -7 Mot center, Ground floor 1,223.55 sq ft., Mezzanine store 227.53 sq ft., Steel portal frame construction, pitched lined roof with translucent panels., Solid factory floor, Good Ridge height, Up and over access Shutters 3.08m wide x 2.97m high., Ground floor office, kitchen, w.c. and reception area., 100 amp per phase/3 phase electric., and Forecourt parking for circa 3/4 vehicles. |
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USES: |
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Class B1/B2 |
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PREMIUM: |
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£115,000 for the benefit of the new lease, fixtures & fittings. |
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RENTAL: |
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£16,800 per annum plus VAT |
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TERMS: |
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10 years lease expires June 2033 |
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BUSINESS RATES: |
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£720 per annum. Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council |
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SIZE: |
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Approximately 1500 sq ft - Ground floor 1,223.55 sq ft - Mezzanine store 227.53 sq ft |
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OPENING HOURS: |
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Monday - Saturday 9:00 am -till 5:00 p.m & Sunday closed |
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STAFF: |
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Family Run |
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TURNOVER: |
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Available on request |
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ACCOUNTS: |
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Available on request |
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LEGAL COST: |
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Each party to bear own legal cost |
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LOCAL AUTHORITY: |
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Luton |
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REFERENCE CHARGE: |
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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: |
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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 |
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AGENT NOTE: |
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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: |
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Through London Properties by appointment only. |
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Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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