|Commercial Property in Luton and Dunstable
- Offices, Industrial, Retail & Warehousing -
19 George Street, Luton, LU1 2AF
19 GEORGE STREET
|Rare Opportunity to Acquire Freehold Town Centre Office / Retail Premises |
SQ FT (
|Tenure:||NOW UNDER OFFER|
||£180,000 - 15,000 p.a.x.
The premises are located in St Georges Square, which itself is situated at the southern end of George Street, in the heart of Luton Town Centre. Nearby occupiers include Royal Bank of Scotland, Taylors Estate Agents, Barclays Bank & Debenhams.
The property comprises a 2 storey self-contained end of terraced building with accommodation arranged on basement, ground & first floors. The premises were until recently used as opticians consulting rooms, but could be utilized for various other office or retail purposes. The premises are equipped with a WC, and are in good order throughout.
Ground Floor = 224 sq ft (20.8m2)
First Floor = 146 sq ft (13.5m2)
Basement = 149 sq ft (13.8m2)
TOTAL = 519 sq ft (48.2m2)
Freehold offers in excess of £180,000 for the freehold interest with full vacant possession upon completion.
Alternatively the property can be made available on a new lease term to be agreed at an annual rental of £15,000 p.a.x.
We are advised that VAT is not applicable in this instance.
UNIFORM BUSINESS RATES
We are advised that the premises have a rateable value (RV) of £7,500 with effect from 1st April 2017. Please note that this is the gross rateable value, and not the amount payable.
By prior appointment via sole agents
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