Modern self-contained 3-storey office building with 11 car parking spaces

Approx 2,777sq ft (257.98sq m)

Available to purchase on a long lease with 992 years unexpired

Other Details

Accomodation

The building is laid out over ground & two upper floors, all of which have their own WC & kitchen facilities. Each of the floors which were originally open plan, have been divided using demountable partitions so can be adapted if required to suit a purchaser’s needs. The overall net lettable area is 2,777sq ft (257.98sq m), roughly split equally over the 3 floors. There are 11 car parking spaces with the building.

Amenities

Rarely available opportunity Suspended ceilings Concealed fluorescent tube lighting Gas central heating Excellent natural light Under floor trunking and some perimeter trunking 11 Car parking spaces Good local & national road network connections

Lease

Our client is selling their long leasehold interest which was for a term of 999 years from 2018. There is a ground rent of £1 per year with no increases.

Rent

Price. £970,000 (Nine hundred and seventy thousand pounds). Estate Service Charge. All buildings are required to pay towards the estate service charge which for the current financial year is c. £3psf.

Rates

Rateable Value 2025/2026 - £41,500 Rates Payable 2025/2026 - £20,708.50

Legal Costs

Each party are to meet their own legal fees. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

Possession

Immediate upon completion of legalities.

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000, Contact Marc Luton at marc@bennettphillips.com