|Commercial Property in Luton and Dunstable
- Offices, Industrial, Retail & Warehousing -
46 Camford Way, Luton, LU3 3AN
46 CAMFORD WAY
|FACTORY UNIT INVESTMENT FOR SALE |
SQ FT (
The premises are located in an established commercial district in the Sundon Park area of Luton.
The new M1 junction 11a is scheduled to open in the Spring of 2017 it will be sited some 2.5 miles distant of the premises and road communications will be greatly enhanced as a consequence of its opening.
The property comprises a mid terraced factory/warehouse building construction in the late 1970's / early 1980's.
The premises currently trade as a private membership gymnasium. The tenant holds a full repairing and insuring lease for a term of 6 years commencing 30th May 2017.
The current rental is £9,600 per annum exclusive of business rates and utilities etc. The lease contains provision for a rent review on 29th May 2020.
£180,000 for the freehold interest together with the benefit of the income generated by the occupational lease.
We are informed that VAT is not applicable to the purchase price in this instance.
Each party to bear their own legal costs in this matter.
FOR FURTHER INFORMATION PLEASE CONTACT
DUNCAN WELCH & COMPANY
-Freehold Factory Unit For Sale
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