Property description

Located on a side road in the centre of Luton this let commercial property is set back from the road with a 12 x parking bay forecourt and offers approx. 5,300 sq ft of accommodation, generating a gross annual income of £24,000 Inc. VAT.

Ground Floor:
Rec area, office, kitchen, 2 x WC's, full height warehouse (approx 700 sq ft) and warehouse area under supported floor (approx. 1400 sq ft).

First Floor:
A mezzanine first floor provides an open storage area of approx 1,400 sq ft and two offices.

Outside:
A tarmacadam forecourt leads to a roller shutter door, a pedestrian door and a walkway which leads around the building which has a fire door at the rear.

Income:
Let from 21/11/14 under an Tenancy for 4 years to an established tenant (University of Bedfordshire Higher Education Corporation) for £20,000 + VAT p.a.

Lease:
125 years from July 1986 (expires July 2111)

Ground Rent:
£6,500 + VAT p.a.

EPC D


Leasehold