FREEHOLD COMMERCIAL INVESTMENT PLUS 4 FLATS LET ON ASTS
Guide price: Withdrawn
Location & Description
Luton is just to the east of Junctions 10/10A of the M1 and is well known for its airport and the University of Bedfordshire. The property is on the east side of Marsh Road to the north west of the town centre and comprises a shop with rear accommodation plus 4 flats. Next to a Post Office with Leagrave Library and Lidi nearby and other national multiples within walking distance. Leagrave mainline station is about ½ mile away.
Sales area: 690 sq ft (64.1 sq m)
Rear storage: 300 sq ft (27.9 sq m), bathroom/WC
Rear covered yard/shed: 425 sq ft (39.5 sq m)
Rear accommodation used as residential - 3 rooms, reception with kitchen area, WC
Subject to repairing & insuring lease to H.Sahan for seven years from 01.12.2015 at £12,000 p.a.
Side access and garden/yard.
Four flats accessed from communal street front door:
Ground Floor S/C (1): 1 room, kitchen area with shower/WC off. Let on AST at £500 pcm
First Floor S/C (2): 1 room, kitchen area with shower/WC off. Let on AST at £500 pcm
First Floor S/C (3): 2 rooms, reception with kitchen area, shower/WC. Let on AST at £650 pcm
First Floor (4): Not seen: 1 room, reception with kitchen area, bath/WC on landing. Let on AST at £500 pcm.
Certificate of Lawfulness of Existing Use - conversion of single dwelling into 4 flats. Dated 17.02.2014 Ref: 13/01639/LAWE
EQUIVALENT TO £37,800 p.a.
Shop=C, Flat 1=F, Flats 2, 3 & 4 = D.
- Shop, Rear Accommodation & 4 Flats
- £37,800 p.a.
- Certificate of Lawfulness for the 4 Flats