4-11 Burr Street, Luton, Bedfordshire, LU2 0HN
£162.99 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
61,354 sq ft
5,700 sq m
- SECTOR
Residential development for sale
Key features
- A 0.57 hectare (1.4 acre) underutilised industrial island site
- Situated minutes from Luton train station
- Planning consent granted to provide 406 apartments
- 398 private residential apartments
- On-site affordable housing provision of 8 x DMR units
- The total proposed NIA is approx. 21,943 m2 (236,194 ft2)
- The total proposed GIA is approx. 27,847 m2 (299,742 ft2)
- A S73 has been submitted for an additional eight apartments and to vary the S106
Description
Situated minutes from Luton train station, providing access to London in 25 minutes and within easy reach of London Luton International Airport.
The development is in High Town, an area undergoing substantial regeneration due to the High Town Masterplan.
A planning application has been granted (Ref: 22/00807/ MMAMD & 24/00065/ AMEND) to demolish the existing buildings and construct a new residential development over four separate blocks from five to eleven storeys comprising:
* 398 private residential apartments.
* On-site affordable housing provision of 8 x DMR units.
* Predominantly one & two-bed apartments.
* NIA approx. 21,943 m2 (236,194 ft2).
* GIA approx. 27,847 m2 (299,742 ft2).
* Amenity approx. 144 m2 (1,550 ft2).
It is our understanding that there are S106 Contributions of approx. £850,000 and Zero CIL Liabilities, however, we strongly encourage interested parties to carry out their own due diligence to confirm this.
A S73 has been submitted for an additional eight apartments and to vary the S106 to significantly reduce the financial contributions and remove the on-site affordable units.
The property is offered for sale freehold with vacant possession upon legal completion.
Brochures
4-11 Burr Street, Luton, Bedfordshire, LU2 0HN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Luton Station0.2 miles
- Luton Parkway Station1.0 miles
- Leagrave Station2.5 miles
About GLPG, Marylebone
3 Fitzhardinge Street, London, W1H 6EF
Notes
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