FOR SALE Mixed Use Retail and Residential Investment Luton

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Located within Bury Park, FOR SALE Mixed Use Retail and Residential Investment Luton Good access links to the B579, M1, A5 the A6 Luton railway station is within 1 mile Ground floor retail unit with residential flat above. Aluminium shop front, WC & kitchen facilities All mains services, data & telecoms No Parking Freehold: The property Approx Retail NIA Area: 409 sq ft (38 sq m) will be sold by way of an Informal Tender Sale. 77 Oak Road, Offers in excess of Luton, £200,000. Passing Rent: £15,800 LU4 8AA Terms Location Specification • The property is located on Oak Road, which is • All mains services • Passing Rent: £15,800 pa accessed off Dunstable Road within Bury • Security shutter Retail - £8,000 pa – 5-year FRI lease from th Park. • Aluminium shop front 16 June 2017, break at the end of year 2. • The property backs onto the Kenilworth Road. • Spot lighting Residential - £7,800 pa – Periodic tenancy • WC & Kitchenette facilities • Luton town centre is located 1 mile distant. holding over from previous AST. • Freehold: The property will be sold by way • Good transport links to the B579, M1, A5 & the Floor Area (Net Internal Area - NIA) A6. Junction 11 of the M1 Motorway is within of an Informal Tender Sale. • Offers in excess of £200,000 2.0 miles & access to the A6 is within 1 mile. The property has been measured in accordance • VAT: Not applicable • Luton Train Station is within 1 mile. with the RICS Code of Measuring Practice 6th Edition. Description Ground Floor 409 sq ft (38.00 sq m) Business Rates • A brick built two storey end terrace property comprising of a ground floor retail premises, First Floor one-bedroom flat • Rateable value: £6,700 with a residential flat to the first floor, both let • The current multiplier for 2017/18 is 47.9p to separate occupiers. Areas quoted are approximate and should not payable • Commercial occupier Sisters Paradise be held as 100% accurate. • Rear enclosed yard / garden area. Viewing Marco Prins [email protected] 01582 738 866 .

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