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Perrys Car Dealership, Luton

Shop for sale

£3,600,000 16,650 sq ft

Lloyd-Roberts Investments LLP
Highlights
  • Directly opposite a Tesco Extra Superstore
  • Busy location within 0.5 miles of junction 11 of the M1
  • Prominent corner location on the junction of Skimpot Road (A5065) and Cradock Road
Property type

Shop for sale

Full address
Skimpot Rd, Luton LU4 0DN – Luton
Asking price
£3,600,000
Available space range
There is 1 space available. This measures 16,650 sq ft.
Features
Fenced lot, Security system, Storage space
Brochure
Download the brochure

Sale details

Sale unit 3489955 Available

16,650 sq ft, £216.22 per sq ft

Unit Sale unit 3489955
Address Skimpot Rd, Luton, Bedfordshire, LU4 0DN, GB
Size 16,650 sq ft
Price £3,600,000
Price per unit £216.22 per sq ft
  • Offers in excess of £3,600,000, subject to contract and exclusive of vat, for the freehold interest which reflects a net initial yield of 8% after deduction of purchasers costs of 6.73%.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for Perrys Car Dealership, Luton

The subject property was built in 1999 and comprises a purpose built car dealership with prominent, glazed elevations onto Skimpot Road. The ground floor is double height and comprises the showroom area with adjoining offices. The lower ground floor comprises an 8 bay workshop and parts department, together with further ancillary offices and staff accommodation. The mezzanine level provides offices overlooking the ground floor showroom, together with plant accommodation. The property has an extensive forecourt area providing display car parking for approximately 45 vehicles. Additionally, to the side and rear of the property there is customer and service parking for 37 vehicles, with a further 21 spaces in a secure compound at the rear of the workshop. Within the car display area is a small electricity sub-station.

Building subtype
Auto dealership
Number of storeys
3
Parking ratio
3.48
Rentable building area
16,650 sq ft
Year built
1999
Parking
Surface: 58

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Luton.

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Meet the team

Lloyd-Roberts Investments LLP

  • A profile photo of Henry Lloyd Roberts Henry Lloyd Roberts
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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Lloyd-Roberts Investments LLP. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lloyd-Roberts Investments LLP for full details and further information.