Business Units with Forecourt Parking - Realla

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FOR SALE Industrial / Business Units with Forecourt Parking

Town Centre: 5 miles.

M1 Jct 11a: (Spring ‘17) M1 Jct 11: 2.5 miles. M1 Jct 12: 4 miles

Leagrave railway station: 1.5 miles.

Interconnected industrial units with a full floor mezzanine. All mains services connected. Three phase power, Gas central heating. Forecourt parking and loading.

Approx Floor Area: 8,150 sq ft (757.20 sq m) Units 4, 5 & 6 Progress Park, Ribocon Way, Luton, Bedfordshire, LU4 9UR

Long-Leasehold: £375,000 exclusive.

Location • Ribocon Way forms part of Progress Business Park, located in north Luton. • Leagrave railway station: 1.5 miles • Junction 11 of the M1 Motorway is within 2.5 miles with works commenced for Jct 11a. (Opening spring 2017) • Luton town centre is located 5 miles distant.

Description • Terrace of three interconnected industrial / units with a full floor mezzanine. • Offices, suspended ceilings and recessed lighting to first floor. • Three up and over loading doors • Forecourt parking and loading

Specification

Terms

• All mains services available • Three phase power • Three up and over loading doors • Air cooling system • 2.35m clear height under mezzanine • Substantial mezzanine area Floor Area (Gross Internal Area - GIA) The property has been measured in accordance with the RICS Code Of Measuring Practice 6th Edition.

• Long-Leasehold: Offers in the region of £375,000 are invited for the long leasehold interest. • The units are each held on a long lease for a term of 125 years from 29th September 1988. • Estate charge: Each unit has a current ground rent of £2,000 per annum, subject to periodic review. • VAT: Applicable Business Rates

Ground Floor Mezzanine

4,075 sq ft 4,075 sq ft

378.60 sq m 378.60 sq m

Total Area

8,150 sq ft

757.20 sq m

• Rateable Value: £49,750 • Any ingoing tenant should make their own enquiries with the local authority to verify the exact number of rates payable. Viewing

Eamon Kennedy MRICS [email protected]

01582 738 866