PRICE REDUCED

FOR SALE / MAY RENT

RARELY AVAILABLE MODERN SELF-CONTAINED 2-STOREY OFFICE BUILDING

Approximately 4,878sq ft (453.17m2)

WITH UNPRECIDENTED PARKING – FOR UP TO 20 CARS

Other Details

Accomodation

Comprising a modern self-contained 2-storey office building totalling approx 4,878sq ft (453.17sq m). The ground floor has a nett lettable area of approximately 2,434sq ft (226.12sq m) & comprises a reception area, 5 offices of varying sizes, storeroom, IT room, WC and shower room. There is an 8-person passenger lift and staircase leading to the first floor which has a net lettable area of approximately 2,444sq ft (227sq m) & is laid out to provide 7 further offices of varying sizes and 2 x WCs. In total there are 14 marked bays, 10 opposite the building & four immediately outside. There is also provision to park a further 6 cars outside the building within the curtilage of our clients Freehold Title.

Amenities

• Up to 20 car parking spaces • Suspended ceiling with LG3 lighting • Raised floor/under floor trunking • Comfort cooling • WC and shower facilities • 8-person passenger lift • Rarely available freehold opportunity

Lease

Freehold PRICE: £1,850,000 (One million, eight hundred & fifty thousand pounds) to include full vacant possession. VAT is Applicable. ALTERNATIVELY: Consideration will be given to letting the building either as a whole, or on two separate leases. RENT: £50,000pax for each floor, paid quarterly in advance. TERM: A new Lease(s) are to be made available for a term(s) to be agreed, granted outside the provisions of the Landlord & Tenant Act.

Legal Costs

Each party are to be responsible for their own legal fees. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective 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