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Lot 25

(APPROX. £57 PSF FREEHOLD)

SITUATION

Located close to the junction with Dallow Road, on this well established industrial estate amongst such other occupiers including Arjo Huntleigh and Lyreco. Luton town centre is only approx. 1½ miles to the east and the M1 (Junction 11) is approx. 1¾ miles to the west.

Luton is a well known commercial centre with an international airport, approx. 30 miles north of central London.

PROPERTY

A substantial Warehouse Unit with trade counter area and front two storey section on approx. 2.04 acre site benefiting from:

• 22'9" eaves height
• 3 roller shutter doors within a covered loading bay
• Additional roller shutter on side elevation
• Ample parking in 2 car parks

The property benefits from Planning Permission dated 11th March 2015 by Borough of Luton for ‘Change of use from Class B1 (light industrial) to Class B8 (storage and distribution) to provide a wholesale cash and carry (Planning Ref. 14/01595/COU).

ACCOMMODATION

Warehouse GIA Approx. 51,245 sq ft'
Offices GIA Approx. 9,190 sq ft'
Works Offices (1" floor) GIA Approx. 1,185 sq ft'

Total GIA Approx. 61,620 sq ft'

'Areas supplied by Vendor.

VAT is NOT applicable to this Lot

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

Unit 8 Finway, Dallow Road, Luton, Bedfordshire LU1 1TR