New Bedford Road, Luton, Bedfordshire, LU3 2ND

Fantastic investment opportunity, 6 rentable Units, 2 apartments. 2 further apartments (subject to work needed) Development opportunity

Indigo is delighted to present an excellent investment opportunity with this set of commercial units, situated in the bustling town centre of Luton. Located on the prominent corner of Mill Street and New Bedford Road, these units benefit from high foot traffic, thanks to the steady flow of commuters and shoppers in the area. The property is just a five-minute walk from the mainline station, offering direct routes to London, with bus routes conveniently located at the doorstep.

The site comprises six commercial units of varying sizes, all fronting the main road. Currently, the units are occupied by a mix of businesses, including a shop, four different hairdressers/barbers, and a takeaway with a small dining area. On the first floor, there are two large, one-bedroom apartments offering views over the town. Additionally, there is a third one-bedroom apartment with a study, though it is incomplete and requires a separate walkway entrance and internal finishing.

The property also features an open-plan first-floor area, which offers great potential for conversion into either living accommodation or a restaurant space. There is further scope for development, with the possibility of applying for planning permission to add additional apartments above the existing units.

With no long-term tenant contracts currently in place, this site offers immense flexibility and potential for an investor looking to maximize returns.
Viewing is highly recommended to fully appreciate the scale and possibilities of this fantastic investment opportunity.