Units 1 and 2 Chalklands Place, Eastern Avenue, Dunstable, LU5 4GT

Summary

Two interconnecting units previously occupied by one tenant and held on two separate leases. The units benefit from 6m eaves, LED lighting, up and over loading doors, w/c facilities to each unit, forecourt parking and first floor offices within Unit 1. The property is being cleared but retains the current fit out including a trade counter, a mezzanine of approx 1,000 sqft and racking within Unit 2. All or some of this can be removed if not required by an incoming occupier. Consideration will be given to subletting or assigning the leases separately or combined.

Key Points

Existing Leases

The units are held on two separate leases for a term of 10 years from 2nd August 2023, expiring 1st August 2033. Both leases include an open market upward only rent review and tenant break option (6 months prior notice) in August 2028. The passing rents are £26,290 per annum (Unit 1) and £22,565 per annum (Unit 2). Consideration will be given to subletting or assignment. New leases may be available from the landlord.

Location