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31 MIDLAND ROAD, LUTON, LU2 0HS

4,000 Sq Ft / Other / Investment

For Sale - £700,000.00

Available - Last updated: 10 May 2024

Description:

The site currently provides for a vehicle workshop which is tenanted and allows the landlord to achieve vacant position in the event of redevelopment.

Planning consent has been obtained for the redevelopment of the site into 6x 2-bedroom apartments over 3 floors, with parking, cycle store etc. (Application No. 21/00816/FUL).

Our client is considering submitting an application for further floors above.

Location:

The elevated site overlooks Hucklesby Way (A6 inner ring road) and is a very short walk to Luton train station and all town centre amenities. Midland Road lies within the High Town suburb of Luton, eastward from the town centre. There are several multistorey residential apartment blocks in the near vicinity.

Terms:

The freehold interest of the consented site is available for £700,000.

Legal Costs:

Each party to bear their own legal costs incurred.

VAT:

Plus VAT at the appropriate rate if applicable.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £700,000.00 NA

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S.R. Wood & Son

S R Wood & Son Ltd

01582 206132

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