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Retail Investment with Residential Above, Leagrave Road, Luton, LU4 8HZ

2,500 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 14 May 2021

LOCATION: The premises are prominently positioned within the Bury Park suburb of Luton, favored by the local Asian population. Luton is a vibrant, multicultural and cosmopolitan community. Here are some of the facilities Luton has to offer: Museums, Theatre and Cinema Complex, Biggest European Carnivals also the Town Centre which has a wide variety of shops and markets which is only couple of minutes away.

DESCRIPTION: Investment opportunity located in the heart of Luton, Leagrave road. the premises consist of a commercial building on the ground floor. above there is a 3-bedroom duplex flat, given the right opportunity could be converted into two 1-bedroom flats to exercise more income. currently the three-bedroom flat is receiving a rent of £XXXcm. The building also provides parking at the rear which belongs to the free holder.

USES: A1/A2

TENURE: £824,950 Freehold

BUSINESS: All interested parties are encouraged to make their own enquiries with local authority

SIZE: 825 sq ft shop unit

UPPER PARTS: 3-bedroom upper parts currently rented out and achieve £900 per calendar month.

LEGAL COST: Each party is to bear their own legal cost.

LOCAL AUTHORITY: Luton

REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable 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

VIEWINGS: Through London Properties by appointment only


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