Commercial Property in Luton and Dunstable
- Offices, Industrial, Retail & Warehousing -
22 Progress Park, Ribocon Way, Luton, LU4 9UR
22 Progress Park, Ribocon Way, Luton, LU4 9UR

Details
UNIT 22 PROGRESS PARK RIBOCON WAY LUTON LU4 9UR
Business Unit With 4 Car Parking Spaces
2506 SQ FT ( 232.8 M2)
Tenure:LONG GROUND LEASE FOR SALE
Price/Rent: £UNDER OFFER
About
LOCATION

Located on an established commercial development on the north western outskirts of Luton within easy access of both junctions 11 and 12 of the M1 Motorway.

DESCRIPTION

A mid terraced business unit of portal frame construction with a glazed front elevation. Internally the premises comprise office and workshop/storage space on the ground floor: with mezzanine offices and further storage space. A kitchenette and WC are also located on the mezzanine.

AMENITIES

• Sectional up and over
loading door
3.6m (H) x 3m (W)
• 3 phase power supply
• Kitchenette
• 4 Car parking spaces

FLOOR AREA

Ground Floor =1,253 sq ft (116.4m2)

Mezzanine Offices
= 646 sq ft ( 60.0m2)
Mezzanine Storage
= 607 sq ft ( 56.4m2)

TOTAL 2,506 sq ft (232.8m2)

TERMS

The premises are held on a ground lease for a term of 125 years commencing from 29th September 1988, with provision for ground rent reviews at each 6th year. We are advised that the ground rent currently payable amounts to £2,000 per annum. Please note that the freeholder has not as yet actioned a ground rent review due in September 2014.


PRICE

£165,000

V.A.T.

VAT is applicable to the Purchase Price.

BUSINESS RATES

We are advised that the premises have a current rateable value of £11,000.00 with effect from 1st April 2010.

SERVICE CHARGE

The tenant will be responsible for payment of the relevant estate service charge.

LEGAL COSTS

Each party to be responsible for payment of their own legal costs in this matter.

ENERGY PERFORMANCE CERTIFICATE

The property has an EPC rating of D

VIEWING

By appointment via sole agent


Amenities
Misrepresentation Act: The contents of this web-site, and the descriptions contained therein, do not form part of any legal contract and whilst every effort has been taken to ensure accuracy, we are unable to accept any loss arising from reliance solely on the part of this web-site as it is designed purely as a guide