Dunstable Road, Luton LU4 – Luton
For sale £525,000 935 sq ft
It is situated on the main Dunstable Road within t
• Also nearby to Luton Mainline Railway Station and
Warren Anthony Commercial are delighted to bring to the market this prominently located mixed commercial and residential investment comprising on the ground floor an A3 restaurant currently trading as the Shah Grill with to the front a small external seating area whereas internally a cover/seating area of up to 20 people approx, WC, refrigerated counter, cooking and preparation area, washing up area, storage and rear access. It is situated on the main Dunstable Road within the very popular Bury Park area of Luton close to many multiple and local traders to include William Hill and KFC, Luton Town Football Club, Luton and Dunstable Hospital, Luton Town Arndale and multiple Shopping Centre and Luton Airport. Also nearby to Luton Mainline Railway Station and easy access to the A5, A6 and M1 motorway. Use A3 (Restaurant/Cafe). Size 935 sq ft approx/86.9 sq m approx. The upper part on first floor with its own rear separate access comprises a self contained 2 bedroom flat with reception, kitchen and bathroom/WC. It is currently the subject of major refurbishment to include when completed full double glazing and gas central heating. The property as a whole currently let on a 15 year full repairing and insuring lease expiring in February 2020 with 16 months approx remaining with a rental/income the details of which available on request. Therefore, there is then in 2020 the possibility of a substantial increase in the rental. Alternatively, vacant possession subject of course to negotiation. Price Â£525,000 subject to contract as a guide price for the freehold with current rent/income subject to negotiation. Business rates with a rateable value of Â£18,250. However, it is recommended that all interested parties make their own enquiries to the local rating department at Luton Borough Council. Legal costs to be confirmed. Energy performance certificate available on request. Local authority Luton Borough Council. 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. For all viewings or for more information, please contact Warren Anthony Commercial on either Tel. 01923 220 012 option 3 and/or Email. firstname.lastname@example.org Important Notice We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
This leisure property for sale is located in Luton.