Black Swan Lane, Luton LU3 2LU – Luton
Shop, retail unit for sale
£525,000 1,572 sq ft
The premises are prominently located occupying an
• The store comprises two self contained commercial
Warren Anthony Commercial are delighted to bring to the market this freehold opportunity to purchase a two self contained shop units currently trading as a convenience store and fish & chips takeaway with a 2 bedroom flats above currently rented on an Assured Shorthold Tenancy. The premises are prominently located occupying an enviable trading position on Black Swan Lane in the Luton suburbs of Leagrave and Bushmead. The store is totally unopposed in a densely populated residential area and benefits greatly from free parking spaces to the front. The store comprises two self contained commercial units with the larger currently trading as a convenience store whereas the smaller is a popular fish and chip takeaway available freehold this together with a self contained 2 bedroom flat above with its own separate access, directly over the two trading businesses with both units offered in a very good condition and fitted with all necessary equipment to trade as a convenience store and conventional fish and chip takeaway. Use A1/A2 & A3. Tenure Freehold. Price Â£525,000 subject to contract. Business rates Â£1,144 per annum payable for both units. However, it is recommended that all interested parties make their own enquiries to the local rating authority at Luton. Size 1,572 sq ft approx. Staff with information it is available on request. Upper part currently let on an Assured Shorthold Tenancy achieving an income of Â£800 per calendar month. Gross profits Convenience store gross profit Â£34,590 (19.2%) Fish & Chips gross profit Â£20,289 (39.6%) Accounts are available on request. Legal costs with each party to bear their own legal costs. Local authority Luton, Energy performance certificate with an energy performance asset rating of 68 - C with a copy of this property's energy performance certificate it is available on request. Warren Anthony will charge a fee of Â£250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord. A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account. Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition. Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that, 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract. 3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony. 4. All rent, prices, fees and charges are quoted exclusive of VAT. Viewing through Warren Anthony Commercial by prior appointment only.
This shop, retail unit for sale is located in Luton.