2 Neptune Square

Houghton Regis

Ref: 6664

PROPERTY

2 Neptune Square
Dolphin Drive
Houghton Regis
Bedfordshire, LU5 5RS

DETAILS

The premises have recently been comprehensively refurbished and are in a shell condition ready for a tenant to fit out. In our opinion the premises could suit (subject to any necessary consents) an estate agency, beauty/hair salon, hardware store etc. Floor to ceiling height 3m. 3 phase electric. Solid floor. External caged store. Timber framed double shop front. Newly rede . . .

The premises have recently been comprehensively refurbished and are in a shell condition ready for a tenant to fit out.

In our opinion the premises could suit (subject to any necessary consents) an estate agency, beauty/hair salon, hardware store etc.

Floor to ceiling height 3m.
3 phase electric.
Solid floor.
External caged store.
Timber framed double shop front.
Newly redecorated.
Front/rear security shutters.
Twin w/c and kitchenette.
New suspended ceiling with new LED light boxes.

NOTE Our client will place a restriction within the contract such that the occupant of the premises cannot compete with the trade of the adjacent Nisa store, nor the nearby Go Houghton hot food facility.

Location: -

The ground floor retail premises are accessed off Dolphin Drive/Parkside Drive, within a large residential area benefiting from new link roads.

Terms: -

The premises are available to lease for a term to be agreed at £12,500.00 per annum exclusive.

Alternatively our client’s ground lease, which commenced on 08 November 1991, for 125 years at a peppercorn ground rent (£10.00 per annum) is available to purchase for £160,000.00.

There is a premium of £75,000.00 if the property is to be used as a restaurant.

Rateable Value: -

We have verbally been informed by Central Bedfordshire Council that the rateable value is £5,200.00.

Legal Costs: -

Each party to bear their own legal costs incurred.

VAT: -

Plus VAT at the appropriate rate if applicable.

Viewing: -

For further information or an appointment to view, kindly contact sole selling/letting agents S R Wood & Son Ltd. Tel. 01582 401 221.

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STATS

Use Restaurant / takeaway / bar, Retail premises
Availability For sale / To let
Sale price £160000
Annual rental £12500
Size (sq ft) 944
Features

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