Other Details

Accomodation

Comprising a ground floor lock office/shop with forecourt and rear pedestrian access. The property has been used for many years as an office, although it would be suitable for many uses. The shop/office has the benefit of a front forecourt area of circa 350sq.ft. Internally, the property has an office/sales area of circa 400 sq ft, together with rear kicthenette and W/C. Internal Area: 400 sq ft (37m2) Gross Frontage: 15'3 Shop Depth: 25'3

Amenities

Recently Refurbished Forecourt Parking Prominent Location WC & Kitchen Facilities

Lease

A new FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews. The Lease is to be granted outside the provisions of the Landlord & Tenant Act.

Rent

£13,000pax paid quarterly in advance. VAT is not applicable.

Rates

Rateable Value 2022/2023 - £7,200 Rates Payable 2022/2023 - £3,592.50 per annum Applicants are advised are to make their own enquiries with regards to business rates however, we expect that small business rates relief will apply in this instance

Legal Costs

Both parties legal costs are to be borne by the ingoing tenant. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

Possession

Immediate upon completion of legal formalities.

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Simon Phillips at simon.phillips@bennettphillips.com