Other Commercial Property for sale in Luton

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Retail premises for sale

Luton, Bedfordshire, England

  • Freehold Price: £525,000
Seller Reference: bcc0f3
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Business Description
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Seller Reference: bcc0f3
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Business Description
Location: The premises are prominently located on an enviable trading position on Black Swan Lane in Luton suburbs of Leagrave and Bushmead. The store is totally unopposed in a densely populated residential area and greatly benefits from free parking spaces to the front

description: The store is comprised of two self contained commercial units, with the larger currently trading as a convenience store. The smaller unit is a popular fish and chip take away offering. Furthermore, the freehold also benefits from a self contained two bedroom flat with separate access, directly above the two trading businesses. Both units are of very good condition and fitted with all necessary equipment to trade as a convenience store and conventional fish and chip takeaway.

Uses: A1, A2 & A3

terms: Freehold

business rates: £1,144 per annum for both units

size: Approximately 1572 sq ft

staff: Staff information is available on request

upper parts: Furthermore, the freehold also benefits from a self contained two bedroom flat with separate access, directly above the two trading businesses which currently let buy on a shorthold tenancy achieve £800 per calendar month.

Gross profits: Shop gross profit: £34,590 (19.2%) Fish & Chips gross profit: £20,289 (39.6%)

accounts: Available on request

legal cost: Each party bears there on legal cost.

Local authority: Luton

energy performance certificate: Energy Performance Asset Rating is 68 - C Rating. A 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

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
Location Details:
Black Swan Lane, Luton LU3, LU3 2LU
Listed by:
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