FOR SALE Mixed Use Retail and Residential Investment Luton

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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Luton and Dunstable Area Cycle Network
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