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London Properties are pleased to offer to the market this ground floor and of a mid terra

Luton, Bedfordshire
Leasehold Price:
£69,950
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
175237
Reference
LU2 7SF / Rightbiz

Details

LOCATION: Occupying an ideal trading position with excellent access to major road and motorway links (A6, A5 & M1 etc.) on the densely populated outskirts of the prosperous Bedfordshire town of Luton.


DESCRIPTION: Fitted and presented to the very highest trade specifications throughout, these extremely well maintained leasehold terraced parade premises provide glazed single-fronted double door public entrance directly off Bushmead Parade into the main, light & airy shop floor 1 x storage cupboards, kitchen/WC, rear entrance via metal shutters for deliveries.

TERMS: The premises are being offered with the benefit of a secure 10 years new lease, the length and terms of which are negotiable.

USES: A1/A2 Retail & Financial/Professional services

PREMIUM: £69,000 for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: The current rent stands at £11,500 per annum

BUSINESS RATES: Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council

SIZE: Approximately 689 sq ft

OPENING HOURS: Monday till Saturday 6:00 a.m til 7:30 p.m 7 Sunday 6 a.m till 3 p.m

TURNOVER: Current turnover in excess of £390,000 per annum approximately

STAFF: Owner managed with 2 x part time staff.

UTILTIES: All main services are connected.

LOCAL AUTHORITY: Luton

LEGAL COSTS: Each party is to bear their own legal cost.

ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 58- C 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

FIXTURES & 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.

Seller Details
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Listing Details
Leasehold Price: £69,950
Tenure: Leasehold
Sector: Newsagents, Convenience Stores, Tobacco Businesses
Financials
Annual Turnover: £390,000
Key Features
  • With Car Park
  • Price Reduced
  • New Lease
  • Prime Location
  • Accounts Available
  • Established Business
  • Attractive Business
  • Fully Fitted
  • Small Business
  • High Turnover
  • Offers Invited
  • Close to Local Amenities
  • Adjacent to Multiple Retailers
Listing Statistics
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