Mixed use for sale

Luton LU2

01582 955214

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Mixed use

0 bed

0 bath

Property description & features

Tenure: Freehold
Fully Tenanted Freehold Purchase
Situated within walking distance to the Train Station
Close Proximity to Town Centre

Venture Commercial is pleased to present this Property which is of mixed use with a commercial unit to the ground floor and a residential flat on the first floor and includes the freehold interest. The Ground Floor commercial unit is a Class E Unit and is currently used as a grocery store and is presented in good condition, it measures approximatley 820 sq ft and has side access on the street leading to the rear of unit . The First Floor apartment comprises of a Living Arear, 2 Double Bedrooms, Kitchen and Bathroom. The property is also in good condition and is currently tenanted.

Both premises are occupied on separate tenancies whereby the Commercial Ground Floor unit is occupied by an African grocery business (currently 4 years remaining on the Lease to expire July 2027, with a break clause in July 2024) renting the unit for £700pcm whilst the First Floor 2 Bedroom residential accommodation is also rented for £700pcm on a periodic AST. (Rent is due to be increased to the current market value).

Terms - The freehold interest is available to offers in excess of £350,000.

VAT - Plus VAT at the appropriate rate (if applicable).

Rateable Value - TBC.

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Venture Commercial - Luton

9 Compton Avenue Luton, Bedfordshire LU4 9AX

01582 955214

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Venture Commercial is a full-service Commercial Property Real Estate Agency and Consultancy providing market-leading commercial property advice, cutting edge industry know-how and above and beyond client service in Bedfordshire. The company’s core principles are based upon ‘outside the box thinking’ and adding and creating value for their client’s property investments whilst providing the highest level of communication, service and reliability. Their aim is to become indispensible to their client, streamlining and simplifying sale, purchase and lease transactions, adding value to existing property investments and making the letting and management of their property portfolios effortless, giving the most valuable commodity back to their client in return. Time.

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Property reference veco_1707073288. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Venture Commercial - Luton.

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Broadband availability and predicted speed

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Mobile phone signal availability and predicted strength

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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

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