40 HIGH STREET NORTH, DUNSTABLE, BEDFORDSHIRE, LU6 1LA

  • FOR SALE/TO LET £475,000
  • £48,500/Per Annum Exclusive
40 High St N, Dunstable LU6 1LA, UK
RetailFood/DrinkOfficeInvestment/Development

40 HIGH STREET NORTH, DUNSTABLE, BEDFORDSHIRE, LU6 1LA

40 High St N, Dunstable LU6 1LA, UK
  • FOR SALE/TO LET £475,000
  • £48,500/Per Annum Exclusive
5056 Sq Ft (469.7 m2)

Description

Description

Mid terraced, pavement lined property which until recently has been used as a ‘charity shop’ by Oxfam.

The retail area is extensive 1,475.73 sq ft/137.10 sq m and provides double aluminium framed shop front, solid floor with carpeting, 3 phase electric, radiator heating.

Further, there is basement storage of circa 527.51 sq ft/49.02 sq m accessed via the sales area.

At first floor rear is office/workroom space inclusive of kitchenette and twin w/c, totalling 905.59 sq ft/84.16 sq m.

To the rear is a concrete framed warehouse of 1,585.70 sq ft/147.37 sq m ground floor plus 562.19 sq ft/52.24 sq m mezzanine.

There is private off road parking provision.

At the front the first and second floor apartments have been sold off on long ground leases (120 years from May 2018).

Location

The property is prominently positioned in a prime location within Dunstable town centre.

Terms

Our client would consider leasing the warehouse separately at £13,500.00 per annum exclusive upon a new full repairing and insuring lease for a term to be agreed. A lease on the entire building (including warehouse) is available upon full repairing and insuring terms at a rental of £35,000.00 per annum exclusive. The freehold interest is available for £475,000.00.

Legal Costs

Each party to bear their own legal costs incurred.

VAT

Plus VAT at the appropriate rate if applicable.

Rateable Value

We have verbally been informed by Central Bedfordshire Council that the rateable value is £19,750.00. (Please note these are not the rates payable.) If the property is split, this sum will need to be amended.

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Jacob Wood
  • Jacob Wood