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AGENT'S DETAILS


Unit 1 Langley Terrace, Latimer Road, Luton, LU1 3XQ

For sale: £200,000.00|1401 Sq Ft|General Industrial, Industrial

PROPERTY DETAILS

FOR SALE£200,000.00
SIZE1401 Sq Ft
ADDRESSUnit 1 Langley Terrace, Latimer Road, Luton, LU1 3XQ
TYPEGeneral Industrial, Industrial
TENUREFor Sale Leasehold
POSTED ON22nd July 2020

DESCRIPTION

An end terraced single storey light industrial/warehouse premises. Income producing of £14,000 per annum exclusive. A Long Ground Lease is held on the property commencing 1985 for 125 years.

The unit is let at £14,000 per annum on a 6 year lease
commencing 18th June 2018 and is outside of the Security of
Tenure Provisions of The 1954 Landlord and Tenant Act. There is
Tenant only break option at the third anniversary subject to 6
months prior written notice. In addition, there is a Open Market
rent review at the third anniversary.

The premises are of portal frame construction with cavity brick/block perimeter walls and a full height roller shutter loading door and daylighting panels.

External allocated parking.



Fully let investment

Prominent industrial unit

Full height roller shutter door

Allocated parking
( Agency Pilot Software Ref: 10153 )

LOCATION

Location: Unit 1 Langley Terrace, Latimer Road, Luton, LU1 3XQ

Luton (0.5 miles)

Luton Airport Parkway (0.8 miles)

Leagrave (2.9 miles)

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