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£115,000

Latimer Road, LU1

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Other

£115,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£525 per month

Minimum deposit amount:

£5,750
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Tenure: Leasehold.

Lease remaining (For Leasehold tenure): 10 (in years).

 

 

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.

 

 

 

DESCRIPTION:

 

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.

 

 

 

USES:

 

Class B1/B2

 

 

 

PREMIUM:

 

£115,000 for the benefit of the new lease, fixtures & fittings.

 

 

 

RENTAL:

 

£16,800 per annum plus VAT

 

 

 

TERMS:

 

10 years lease expires June 2033

 

 

 

BUSINESS RATES:

 

£720 per annum. Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council

 

 

 

SIZE:

 

Approximately 1500 sq ft - Ground floor 1,223.55 sq ft - Mezzanine store 227.53 sq ft

 

 

 

OPENING HOURS:

 

Monday - Saturday 9:00 am -till 5:00 p.m & Sunday closed

 

 

 

STAFF:

 

Family Run

 

 

 

TURNOVER:

 

Available on request

 

 

 

ACCOUNTS:

 

Available on request

 

 

 

LEGAL COST:

 

Each party to bear own legal cost

 

 

 

LOCAL AUTHORITY:

 

Luton

 

 

 

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.

 

 

 

Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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Property details

£115,000

property for sale

Latimer Road, LU1
Tenure: Leasehold.

Lease remaining (For Leasehold tenure): 10 (in years).

 

 

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.

 

 

 

DESCRIPTION:

 

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.

 

 

 

USES:

 

Class B1/B2

 

 

 

PREMIUM:

 

£115,000 for the benefit of the new lease, fixtures & fittings.

 

 

 

RENTAL:

 

£16,800 per annum plus VAT

 

 

 

TERMS:

 

10 years lease expires June 2033

 

 

 

BUSINESS RATES:

 

£720 per annum. Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council

 

 

 

SIZE:

 

Approximately 1500 sq ft - Ground floor 1,223.55 sq ft - Mezzanine store 227.53 sq ft

 

 

 

OPENING HOURS:

 

Monday - Saturday 9:00 am -till 5:00 p.m & Sunday closed

 

 

 

STAFF:

 

Family Run

 

 

 

TURNOVER:

 

Available on request

 

 

 

ACCOUNTS:

 

Available on request

 

 

 

LEGAL COST:

 

Each party to bear own legal cost

 

 

 

LOCAL AUTHORITY:

 

Luton

 

 

 

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.