Commercial Property in Luton and Dunstable
- Offices, Industrial, Retail & Warehousing -
Unit 4 Cosgrove Way, Luton, LU1 1XL
Unit 4 Cosgrove Way, Luton, LU1 1XL

Details
UNIT 4 COSGROVE WAY LUTON LU1 1XL
Industrial Investment For Sale
12,263 SQ FT ( 1,139.25 M2)
Tenure:Freehold
Price/Rent: £NOW SOLD
About
LOCATION

Cosgrove way Business Park is situated off Dallow Road, adjacent to B&Q and Hatters Way (A5065). Conveniently located to provide easy access from any part of Bedfordshire. Junction 11 of the M1 Motorway is within 1 mile. Luton Town Centre is 2 miles distant. Local occupiers on the estate include UPS, Euro Parts, Topps Tiles, Magnet Trade, Kwik Fit, Pipe Centre and Northgate Vehicle Hire.

DESCRIPTION

An end terrace warehouse/industrial unit with offices to the first floor and a mezzanine in the warehouse. Currently occupied, leased expires 28th September 2016.There is allocated parking and a yard area. Minimum eaves height approx 4.6 metres. The premises also have front concertina style loading doors, 3 roller shutter doors and 3 slide loading doors. The premises also have a staff room and a kitchen area.

AMENITIES

• 3 Phase Power Supply.
• All Mains Services Available
• Offices with Carpet &
Suspended Ceilings.
• Mezzanine providing
Additional Office/Storage
Space.
• Fluorescent Lighting to the
Warehouse.

Floor Area (Gross Internal Area –GIA)

Warehouse/Office
10,153 sq ft (943.20 sq m)

Mezzanine
2,110 sq ft (196.05 sq m)

Total:
12,263 sq ft (1,139.25 sq m)

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

TERMS

For Sale Freehold: Offers are invited in the region of £700,000.
Rental Income: £57,000 per annum.
Lease Terms: Original lease granted November 2003.
3 year lease granted 29/09/13 to expire 28/09/16.

VAT

VAT is applicable to the sale price.

UNIFORM BUSINESS RATES

Rateable Value: £60,000
The current multiplier for 2014/15 is 48.2 payable.

VIEWING

By appointment via joint agents


Amenities
-Investment For Sale
-End Terraced Unit with Mezzanine & Offices
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