Milliners Place

Luton

Ref: 6697

Milliners Place
Midland Road
Luton
Bedfordshire, LU2 0BL

Our client holds a 999 year ground lease from 31 August 2004 with a peppercorn ground rent which holds: 1. A first floor office suite of circa 2,045 sq ft/190.19 sq m, having been refurbished. The office is held upon an under-lease of 998 years from 31 August 2004 and benefits 2 parking spaces plus a shared access within the lower ‘Charlie Browns’. 2. 4 x 2 bedroom apartments, all of . . .

Our client holds a 999 year ground lease from 31 August 2004 with a peppercorn ground rent which holds:

1. A first floor office suite of circa 2,045 sq ft/190.19 sq m, having been refurbished. The office is held upon an under-lease of 998 years from 31 August 2004 and benefits 2 parking spaces plus a shared access within the lower ‘Charlie Browns’.

2. 4 x 2 bedroom apartments, all of which are sub-let on Assured Shorthold Tenancy Agreements.

Location: -

Midland Road overlooks Luton Central train station within the High Town suburb of Luton, close to the town centre. The premises are in a very visible location.

Terms: -

The 999 year ground lease (benefiting from 1 and 2 above) is for sale at £1,150,000.

Rateable Value: -

Rateable Value to be confirmed. The Council Tax upon the 4 apartments is likely to be in Band B.

Legal Costs: -

Each party to bear their own legal costs incurred.

VAT: -

Plus V.A.T. at the appropriate rate if applicable.

Viewing: -

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

Read More

Use Investment
Availability For sale
Sale price £1150000
Annual rental -
Size (sq ft) 4045
Features Off-street parking

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