Phoenix House

Luton

Ref: 7107

PROPERTY

Phoenix House
187-189 Waller Avenue
Luton
Bedfordshire, LU4 9RS

DETAILS

The detached unit likely built in the early 1980’s benefits from a larger than average, secure, fenced/gated yard plus a covered loading bay and mezzanine floor. Our clients will strongly consider a reconfiguration of the property to possibly include extension of factory area or further offices etc. Currently let until December 2020. The property is intended to benefit from some refu . . .

The detached unit likely built in the early 1980’s benefits from a larger than average, secure, fenced/gated yard plus a covered loading bay and mezzanine floor.

Our clients will strongly consider a reconfiguration of the property to possibly include extension of factory area or further offices etc.

Currently let until December 2020. The property is intended to benefit from some refurbishment including paint sealing of factory floor, new translucent roof panels etc.

Covered loading bay - 1,410.61 sq ft/131.09 sq m
Ground floor office - 2,114.87 sq ft/196.55 sq m
First floor office - 2,114.87 sq ft/196.55 sq m
Mezzanine floor (this can be removed) - 5,706.45 sq ft/530.34 sq m
Ground floor factory - 38,695.65 sq ft/3,596.25 sq m
Total (excluding mezzanine floor and covered loading bay) - 42,925.40 sq ft/3,989.35 sq m

Steel portal frame construction.
Metal profile insulated and lined sheet roof including translucent panels.
LED lights to factory.
Pitched roof with 3 bays.
Ridge height 7m.
Minimum eaves height 4.09m.
Brick and block internal walls.
Suspended hot air blowers.
4 ground access loading doors (3 beneath the loading bay).
3 phase electric.
Yard of circa 50,000 sq ft.

The ground floor office is mainly partitioned whilst the first floor is more open plan.

Large kitchen.
W/c provision (at ground and first floor).
Double glazing.
Radiator heating.
Part suspended ceiling.
Cat II lighting.
Trunking with Cat V.
Fibre broadband.
Window blinds.
Partial air conditioning.
Carpet tiling.

Location: -

Waller Avenue forms a link road between Dunstable Road (with direct links to the M1, Junction 11) and Marsh Road/Leagrave Road, linking Luton centre with the north of Luton (M1, Junction 11a).

Terms: -

The property is available upon a new full repairing and insuring lease for a term to be agreed at £255,000.00 per annum exclusive.

Rateable Value: -

We have verbally been informed by Luton Borough Council that the rateable value is £195,000.00.

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 letting agents S R Wood & Son Ltd. Tel. 01582 401 221.

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STATS

Use Warehouse / industrial
Availability To let
Sale price -
Annual rental £285000
Size (sq ft) 42925
Features
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