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Ultimate Connexions Estate Agent in LU1 2QH
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Back to search: Luton or Manchester Street

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Spacious 0 bed Commercial Property property

Available
For Sale
Listed Jun 28, 2024
£550,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

" Incredible Investment Opportunity on Wellington Street, Luton!

For Sale £550,000.00

We are delighted to present an exceptional opportunity to acquire a versatile mixeduse property located in the highly sought after area of Wellington Street, Luton. This remarkable property comprises a retail unit with A1 A2 usage and two residential flats, offering an ideal investment for both commercial and residential purposes.

Property Highlights

Prime Mixed Use Unit

Retail Unit 63 sqm of prime retail space suitable for A1 A2 usage, providing ample room for a variety of business operations.
Studio Flat 31 sqm, mid floor flat, perfectly designed for comfortable living.
1 Bed Flat 38 sqm, top floor flat, offering a spacious and inviting living environment.
Location

Established Retail Area Situated in a thriving commercial zone in Luton, this property benefits from high foot traffic and excellent visibility.
Convenient Transportation Luton Mainline Railway Station is within 1 mile, ensuring easy access to London and other major cities.
Accessibility Just 1 mile from Junctions 10 and 11 of the M1 Motorway, facilitating effortless connectivity for commuters and travellers.
Current Tenancies

The retail unit is currently leased, with the lease expiring on November 1, 2024. The owner is flexible and willing to sell the property vacant, provided a non refundable deposit is made to secure the premises off the market.
Both residential flats are tenanted, but the landlord is prepared to give notice to tenants, ensuring the entire property can be purchased vacant if desired.
Additional Features

Parking There are four dedicated car parking spaces located at the rear of the premises, offering convenience for tenants and customers alike.

This property is a rare find in Luton‘s bustling commercial district, combining commercial and residential elements to create a lucrative investment. Whether youre looking to expand your portfolio or seeking a prime location for your business, 47 Wellington Street presents an unparalleled opportunity.

Dont miss out on this unique chance to own a piece of Luton‘s vibrant community. Contact us today to schedule a viewing and secure this fantastic property!

Contact Information Sabbi Bains 07894414046 or Sam Bains 07850520642 "

Property Location

Average Price
The average asking price of bed Commercial Property properties For Sale in is £550,000. The most recent sale of the same type on this road was on Mar 12, 2024 for £280,000. The crime level in the surrounding area is very high.
Crime
The crime level in the surrounding area is very high.
Nearby Schools
Rothesay Nursery School
0.3mi
Luton Pentecostal Church Christian Academy
0.3mi
University of Bedfordshire
0.3mi
Chapel Street Nursery School
0.3mi
Dallow Primary School
0.5mi
Nearby Stations
Luton Station
0.3mi
Luton Airport Parkway Station
1.2mi
Leagrave Station
2.5mi
Harpenden Station
5.2mi
Harlington Station
6.6mi
Schools
Stations
On the map
Road view

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