Ultimate Connexions - Ref: 967

Property Information

Ref ID: 967

Date available: 21-Oct-2022

Furnishing: Furnished

Property type: Shop

 

Details

Retail Shop for RENT - Gordon Street Luton
Rent:£20,000PA
Premium: £35,000
Commercial Retail Unit for rent
Established retail area of Luton, Beds
Luton Mainline Railway within 1 mile
1 mile off Junction 10 and 11 of M1 Motorway
A1/A2 usage

DESCRIPTION

Ultimate Connexions are please to present this lovely retail unit for rent based on Gordon Street in Luton, just a short distance walk from the well-known Luton Mall. The current tenants have decorated the entire unit to a very high standard with fitted display cabinets and a ceiling feature light that enhances the interior of the shop. This unit is a good size at 89.55m2 with a beautifully decorated ground floor basement with male and female toilets and a kitchen unit with tiled back splash. Tile flooring and a variety of lighting fixtures are present throughout the store.

There are 2 parking spaces that come with this unit which is based at the back with direct access to the shop. There is CCTV installed with monitor and options to buy the Epos system.

When you take on this unit you will be resigning the lease as an assignment of lease.

AREA SIZE

Total Area m²/unit:89.55m2

Areas quoted are approximate and should not be held as 100% accurate.

RENTAL TERMS

Rent: £20,000 PA with a rent review every 3 years

Premium: £35,000

VAT: Applicable

Lease:9 years remaining on 10 year Lease as from November 2022

BUSINESS RATES

Rateable value: £11,500

This is not the amount you pay. It is used to calculate your business rates bill. For the actual bill you are advised to contact Luton Borough Council

Base Rate: £275

The current multiplier for 2022/2023 49.9p payable. Interested parties are advised to contact Luton Borough Council

EPC RATING

B Rating

Viewing is highly recommended