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