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.
A new fully and repairing and insuring lease for a term to be agreed.
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.
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.
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.
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.
Mains electricity, oil, water and drainage.
For further details or to arrange a viewing, contact Let Direct