Ref ID: 951
Date available: 27-Jul-2022
Furnishing: Furnished
Property type: Retail Property (High Street)
Rent: £120,000pa & Premium: negotiable
Great new rental opportunity. Currently being used as a sizable department store, this space consists of one large unit that may be divided into smaller units.
In addition to many other items, it sells carpets, bedding, plastic ware, furniture, groceries, curtains, haberdashery, cookware, and confectionery.
The units are in a fantastic position in an area that very popular for shopping, with many other retail establishments nearby and very brisk daily foot traffic.
There is a specialised furniture company that can create new, customised furniture upon request; business details are negotiable.
This retail space is fully furnished and available for rent.
EQUIPTMENT INCLUDED ___________________ ______________________________________
Shutters for both front and back of unit
2 x fire exits (3rd can be installed with permission)
2 x Entrance doorways (3rd can be installed with permission)
Large front facing windows
Gated external area at the back of the unit
AREA SIZE _________________________________________________________________
Total Area m²/unit:
Unit 1: 141.11 m2
Unit 2 139.73 m2
Unit 3: 280.97 m2 - L Shaped
Areas quoted are approximate and should not be held as 100% accurate.
RENTAL TERMS______________________________________________________________
Whole Unit
Rent: £120,000.00
Premium: Negotiable
VAT: Applicable
Insurance: £1500 (this is a estimated cost)
Lease: TBC
No Rent free period as the landlord will be redecorating the store so this will be let in a good clean condition
______________________________________________________________________
This large unit can be split into 3 smaller units for 3 separatebusinesses which will rent for the following :
Unit 1: £50,000PA,
Unit 2: £45,000PA
Unit 3: £65,000PA
BUSINESS RATES_______________________________________________________
Rateable value: £94500.00
Base Rate: £300.00
The current multiplier for 2022/2023 49.9p payable. Interested parties are advised to contact Luton Borough Council
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Property reference 951. The information displayed about this property comprises a property advertisement. rentright.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rentright has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ultimate Connexions.