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Ultimate Connexions - Ref: 951

Studio Bedroom property to rent in Luton, Bedfordshire0
No Pets
commercial
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Studio Retail Property (High Street) to rent.

Dunstable Road, Luton, LU1

£10000 pcm

Ultimate Connexions
25 Wellington Street Luton

Nearest stations

  Luton  0.6 miles
  Luton Airport Parkway  1.7 miles
  Leagrave  2 miles

Property Information

Ref ID: 951

Date available: 27-Jul-2022

Furnishing: Furnished

Property type: Retail Property (High Street)

 

Details

Rent: £120,000pa & Premium: negotiable

Great new rental opportunity. Currently being used as a sizable department store, this space consists of one large unit that may be divided into smaller units.

In addition to many other items, it sells carpets, bedding, plastic ware, furniture, groceries, curtains, haberdashery, cookware, and confectionery.

The units are in a fantastic position in an area that very popular for shopping, with many other retail establishments nearby and very brisk daily foot traffic.

There is a specialised furniture company that can create new, customised furniture upon request; business details are negotiable.

This retail space is fully furnished and available for rent.

EQUIPTMENT INCLUDED ___________________ ______________________________________

Shutters for both front and back of unit

2 x fire exits (3rd can be installed with permission)

2 x Entrance doorways (3rd can be installed with permission)

Large front facing windows

Gated external area at the back of the unit

AREA SIZE _________________________________________________________________



Total Area m²/unit:

Unit 1: 141.11 m2

Unit 2 139.73 m2

Unit 3: 280.97 m2 - L Shaped

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

RENTAL TERMS______________________________________________________________

Whole Unit

Rent: £120,000.00

Premium: Negotiable

VAT: Applicable

Insurance: £1500 (this is a estimated cost)

Lease: TBC

No Rent free period as the landlord will be redecorating the store so this will be let in a good clean condition

______________________________________________________________________

This large unit can be split into 3 smaller units for 3 separatebusinesses which will rent for the following :

Unit 1: £50,000PA,

Unit 2: £45,000PA

Unit 3: £65,000PA

BUSINESS RATES_______________________________________________________

Rateable value: £94500.00

Base Rate: £300.00

The current multiplier for 2022/2023 49.9p payable. Interested parties are advised to contact Luton Borough Council

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Disclaimer

Property reference 951. The information displayed about this property comprises a property advertisement. rentright.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rentright has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ultimate Connexions.

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