Lock Up Retail Premises To Let/For Sale
Summary
- Main Retail Parade Location
- Potential Residential Conversion STPP
- Vacant Possession
- For Sale / To let
Location
Marsh Road forms one of Luton's principle commercial/retail districts outside of the town centre. The subject property occupies a mid-terrace and pavement-lined position at Nursery Parade, which forms one of the main retail parades along Marsh Road. There are a range of local, regional and national businesses within proximity including: McDonalds, Lidl, Subway, Connells, Taylors, Co-Op Funeral Care, Papa Johns, Pizza Hut, Iceland, Bet Fred, Poundstretcher, Coral, William Hill, Greggs, Sue Ryder, Keech, etc.
Get directions from Google Maps
Mainline Stations
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Leagrave4 mins
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Luton45 mins
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Luton Airport Parkway65 mins
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Harlington (Bedfordshire)83 mins
Underground Station
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Chesham297 mins
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Watford Junction326 mins
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Chalfont and Latimer329 mins
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Watford332 mins
Further Information
Price £520,000
Rent £41,500 per annum
Rates Payable Upon Enquiry
Description
The subject property was previously occupied by NatWest Bank and still benefits from the large walk in safe/strong room. Internally there is a suspended ceiling, air conditioning, solid floor, kitchenette, WC and rear pedestrian access. Above the former bank is a self contained and two story office which lends itself to residential conversion.
Terms
TO LET: The ground floor former bank is available by way of a new effective full repairing & insuring lease at a commencing rent of £41,500 per annum exclusive. The upper floors may be available to lease by way of separate negotiation.
FOR SALE: The freehold interest in the entire property (ground, first and second floor) is available, with vacant possession, for £520,000.
VAT
We are verbally advised VAT is not applicable.
Fees
Each party is to bear its own professional fees incurred.
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