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Units 1 2 And 3 , Eastern Avenue Industrial Estate, Eastern Avenue, Dunstable, Bedfordshire, LU5

39,113 SqFt (3,633.6 SqM)
£1,460,000 for the Long Leasehold

Long Leasehold interest for Sale - Part income producing


The site extends to approximately 0.627 hectares (1.55 acres) and comprises three units.

Unit 1 Eastern Avenue
Unit 1 is a detached single storey industrial unit two storey offices to the front. At ground floor level, the property comprises office space to the front with a 3/4 bay warehouse to the rear. The warehouse has been subdivided with stud partitioning to create smaller cellular space. This stud partitioning could be removed and the space made open plan.

The main space has an eaves height of 3.60m, but is served by timber double doors of 1.74m wide x 2.14m high.
The first floor comprises office space accessed off the central reception staircase. There are modern WC fitments installed at first floor level. To the rear of the workshop space, there is a single storey projection which houses storage as well as plant rooms.

Unit 2/3 Eastern Avenue
Unit 2 is located at the front of the site and comprises two storey office to the front and workshop space to the rear. Loading access for Unit 2 is via a roller shutter to the side elevation and has an eaves height of 5.80m.

Unit 3 is located at the rear of the site and comprises a covered walkway leading to a detached concrete frame storage building. This space has an eaves height of 3.60m. There is a plant room at the rear of Unit 3.

At first floor level of Unit 2/3 there are L shaped first floor offices which span the front and side elevations of the property. There is a small framed gatehouse to the corner of the parking area. This site also includes a large
tarmac parking area.

The long leasehold interest also includes some green landscaping on the corner of Eastern Avenue and Luton Road which lies beyond the palisade fence.

Mains gas, electricity, water and drainage are connected to the premises. We are advised that the gas boiler situated to the rear of unit 1 serves units 1, 2 and 3.


Dunstable is located 36 miles (58 km) north of the centre of London and adjacent to Junction 11 of the M1 motorway. Good north/south routes such as the M1 and A1 provide easy access to London and the Midlands. Luton (4 miles distant) benefits from direct railway access to Central London and the Midlands and also London Luton International Airport, which provide European Scheduled flights. The property is situated on the junction of the spur from Luton Road to Eastern Avenue. The rear car parking areas are accessed off Eastern Avenue. The immediate area comprises of a number of industrial units. The units are very visible from the A505 (Dunstable to Luton).

More Information


For Sale: £1,460,000 for the Long Leasehold

Long Leasehold Interest
Term: 99 years from 24 June 1953
There are approximately 30 years remaining on the long lease
Ground rent: £9,264 per annum (+VAT)

Leasehold Interest
Units 2 and 3 are held on a 15 year lease from 11
February 2014, expiring 11 February 2029
Passing rent: £100,000 per annum
Rent review: 5 yearly - Index linked based on RPI
uplift from the base figure in October 2013
Break clauses: 10 February 2024

VAT: Intending purchasers should satisfy themselves
as to the incidence or otherwise of VAT on this


- Unit 1 - E (120)
- Unit 2 - E (117)
- Unit 3 - E (104)

Contact Us

Eamon Kennedy
BSc (Hons), MRICS

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