Shop for sale

Black Swan Lane, Luton, Bedfordshire

£525,000
1,572 sq. ft.

Property Description

Commercial information

  • 1,572 sq ft (146 sq m)
  • Use class orders: A1 Shops

Key features

  • Warren Anthony Commercial are delighted to bring to the market this freehold opportunity to purchase a two self contained shop units currently trading as a convenience store and fish & chips takeaway
  • The premises are prominently located occupying an enviable trading position on Black Swan Lane in the Luton suburbs of Leagrave and Bushmead.
  • The store is totally unopposed in a densely populated residential area and benefits greatly from free parking spaces to the front.
  • The store comprises two self contained commercial units with the larger currently trading as a convenience store whereas the smaller is a popular fish and chip takeaway available freehold this togethe

Full description

Warren Anthony Commercial are delighted to bring to the market this freehold opportunity to purchase a two self contained shop units currently trading as a convenience store and fish & chips takeaway with a 2 bedroom flats above currently rented on an Assured Shorthold Tenancy.

The premises are prominently located occupying an enviable trading position on Black Swan Lane in the Luton suburbs of Leagrave and Bushmead.

The store is totally unopposed in a densely populated residential area and benefits greatly from free parking spaces to the front.

The store comprises two self contained commercial units with the larger currently trading as a convenience store whereas the smaller is a popular fish and chip takeaway available freehold this together with a self contained 2 bedroom flat above with its own separate access, directly over the two trading businesses with both units offered in a very good condition and fitted with all necessary equipment to trade as a convenience store and conventional fish and chip takeaway.

Use A1/A2 & A3.

Tenure Freehold.

Price £525,000 subject to contract.

Business rates £1,144 per annum payable for both units. However, it is recommended that all interested parties make their own enquiries to the local rating authority at Luton.

Size 1,572 sq ft approx.

Staff with information it is available on request.

Upper part currently let on an Assured Shorthold Tenancy achieving an income of £800 per calendar month.

Gross profits
Convenience store gross profit £34,590 (19.2%)
Fish & Chips gross profit £20,289 (39.6%)

Accounts are available on request.

Legal costs with each party to bear their own legal costs.

Local authority Luton,

Energy performance certificate with an energy performance asset rating of 68 - C with a copy of this property's energy performance certificate it is available on request.

Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord.

A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account.

Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.

Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that,

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony.

4. All rent, prices, fees and charges are quoted exclusive of VAT.

Viewing through Warren Anthony Commercial by prior appointment only.

Important Notice
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


More information from this agent

Nearest stations

  • Leagrave (0.7 mi)
  • Luton (2.0 mi)
  • Luton Parkway (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Warren Anthony Estate Agents, Watford

12 Market Street, Watford, WD18 0PD

01923 909019 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leagrave (0.7 mi)
  • Luton (2.0 mi)
  • Luton Parkway (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Warren Anthony Estate Agents, Watford

12 Market Street, Watford, WD18 0PD

01923 909019 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 27655386. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Warren Anthony Estate Agents, Watford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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