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Reference M5182

Commercial & Residential Investment Property in Luton For Sale

Commercial & Residential Investment Property in Luton For Sale
Buy a Commercial & Residential Investment Property in Luton For Sale Sell a Commercial & Residential Investment Property in Luton For Sale Commercial & Residential Investment Property in Luton For Sale for Sale Commercial & Residential Investment Property in Luton For Sale for Sale

Register to see map and to make an appointment Large plot (lapsed planning permission to convert to 4 flats) end of terrace property, main road trading position, residential area, BEDFORDSHIRE LUTON

Price 500,000

Features

Commercial / Residential Investment / Empty Premises / Development Opportunity

Forecourt parking to front for 4 cars

Ground floor shop A1 use - PREMISES 400.ft (38M) Hard wood floor, plasterboard ceiling with tube lights.

Store Room

Toilet with wash hand basin

Kitchen area to rear

This area presently let on a rental agreement to a CBD retailer (60 day notice required for vacant possession) providing an income of 500 per calendar month.

Turnover

RENTAL INCOME AT PRESENT 12,000 p.a.

Accommodation

Entrance to MAISONETTE via door to the right of the shop with GAS FIRED HEATING, comprising:

Ground floor -
Fitted kitchen

Stairs to..

Living Room
Fitted bathroom with bath, sink and toilet
Bedroom

Stairs to . . .

Double bedroom

Also situated on the ground floor is a SELF CONTAINED GROUND FLOOR STUDIO APARTMENT with ELECTRIC HEATING, comprising:

Separate bathroom with bath, sink, toilet and walk in shower

Presently let on shorthold tenancy & providing a rent of 500 per calendar month

Outside

Large versatile plot. (Lapsed planning permission to convert to 4 1-bedroom flats, with front & side access, offering tremendous development potential).

Tenure

FREEHOLD

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY 500,000+ subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 350,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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