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Unit J, Kingsway Industrial Estate, LU1

To rent: £29,000.00 Per Annum|3370 Sq Ft|Industrial, Light industrial

PROPERTY DETAILS

TO RENT£29,000.00 Per Annum
SIZE3370 Sq Ft
ADDRESSUnit J Kingsway Industrial Estate, Kingsway, Luton, LU1 1LP
TYPEIndustrial, Light industrial
TENURETo Let
POSTED ON26th September 2019

DESCRIPTION

The property is situated on the well-established Kingsway Industrial Estate just off the main A505 between Luton and Dunstable. The unit extends to 3,370 sq ft and benefits from a full height electric roller shutter loading door. The premises are ideal for light industrial trades and/or distribution and contain a mezzanine floor which can be removed or left in situ according to requirements.

Term:

A new fully and repairing and insuring lease for a term to be agreed.

Service Charge:

A variable service charge is levied for the maintenance, security and upkeep of the common parts of Kingsway Industrial Estate. The 2019 projected service charge budget for the premises was £2,575.20 This is an indicative figure and the service charges are likely to fluctuate year on year.

Business Rates:

The Rateable value for this unit is £21,000. Interested parties should contact the business rates department of Luton Borough Council on 01582 414367 for further information as small business rates relief may be applicable.

VAT:

Kingsway Industrial Estate is VAT elected and therefore VAT will be chargeable on the rent and any other sums due under the terms of the Lease.

Building Insurance:

The Landlord insures the premises against the usual commercial risks, with the premium for each unit recharged to the respective Tenant. This Unit's annual premium for 2020 is £1,499.21.

Services:

Mains electricity, oil, water and drainage.

For further details or to arrange a viewing, contact Let Direct

LOCATION

Location: Unit J Kingsway Industrial Estate, Kingsway, Luton, LU1 1LP

Luton (1.3 miles)

Leagrave (1.4 miles)

Luton Airport Parkway (2.2 miles)

AGENT'S DETAILS

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