FOR SALE
08/04/22
436
Dallow_LK_Road / Rightbiz
LOCATION: The business is located on Dallow Road which is a very busy road through Luton there are a range of other independently owned businesses on the street. Luton is a suburb of Bedfordshire and is densely populated; Dallow Road in particular enjoys a high level of traffic and foot fall. Parking is available on the street
DESCRIPTION: Single fronted shop unit with CCTV cameras, air conditioning, fully alarmed and the business sales the following off license/convenience store, stationery, confectioners, cigarette/tobacco & exterior wall mounted cash machine
USES: Class E and old Class A1/2
TENURE: Freehold £550,000
BUSINESS RATES: Nil. From information obtained from the Valuation Office Agency website
SIZE: Approximately 530 sq ft Shop Unit & 2 Bedroom Upper Parts Approximately 613sq ft Total 1,143 sq ft
OPENING HOURS: Monday - Sunday 08:00 a.m till 12:00 p.m
STAFF: Owner Managed with 2 Staff
UPPER PARTS: 2-bedroom upper parts with separate entrance and current achieve £800 per calendar month on a Shortheld tenancy
TURNOVER: We are advised that the yearly turnover is approximately £624,000 per annum
ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 52- C Rating. C copy of this property’s energy performance certificate is available on request. Shop Unit
Energy Performance Asset Rating is 47- E Rating. E copy of this property’s energy performance certificate is available on request. Upper Parts
LEGAL COST: Each party to bear their own legal costs
REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is nonrefundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity
and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants 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
AGENT NOTE: London Properties for themselves for 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 London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.