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Land, Building & Freehold, Limbury Road, Luton

Guide Price
£25,000
Robinson & Hall Auctions, Bedford
PROPERTY TYPE

Land

SIZE

Ask agent

Description

The freehold of four apartments, a barn/workshop and land to the rear of the apartments, for sale by Public Auction on Wednesday 25th June 2025.

The barn/workshop is located to the rear of the apartments with access to the side of the building from Limbury Road. The building is in need of refurbishment, and the total floor area is approximately 58.5 square metres (630 square feet). There is an area to the front of the unit providing parking and turning area, which is just beyond the allocated parking spaces for the leasehold apartments (as per title documents in the legal pack). The total income from the ground rents for the apartments is £700 per annum.

Lease Information:
50A: 99 years from 27th August 2020 (94 years remaining).
50B: 99 years from 23rd March 1989 (62 years remaining).
50C: 99 years from 4th October 2017 (91 years remaining).
50D: 99 years from 23rd March 1989 (62 years remaining).

Ground Rent:
50A: £250 per annum.
50B: £150 per annum.
50C: £50 per annum.
50D: £250 per annum.

Tenure:
Freehold

Viewings:
You are welcome to view in daylight hours, at your convenience.

** The auction is being held at the Delta Marriott Hotel, Timbold Drive, Milton Keynes MK7 6HL on Wednesday 25th June 2025 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register.

You can also register for telephone/proxy/internet bidding online from the 16th June 2025 by following the link below and clicking on the yellow box Register to Bid: **

EPC Rating:
N/A

VAT:
VAT is not applicable

Seller's Solicitor:
Sharman Law
Ref: Mel Lawrence
1 Harpur Street, Bedford, Bedfordshire, MK40 1PF

mel.

Local Authority:
Luton Borough Council -

Buyers Premium:
There is no Buyer's Premium payable on this lot.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge:
Purchasers will be required to pay an administration fee of £1,500 incl. VAT

Land, Building & Freehold, Limbury Road, Luton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leagrave Station0.4 miles
  • Luton Station2.1 miles
  • Luton Parkway Station3.1 miles

About Robinson & Hall Auctions, Bedford

Unit 1, Highfield Court Highfield Road Oakley Bedford MK43 7TA

Property Auctions - Land and Property Professionals

With offices in Bedford and Buckingham, Robinson & Hall is a leading regional property consultancy established since 1882 and offering property auctions during this time. Head Auctioneer, David Jones, can be found on the rostrum every two months, offering residential, commercial and agricultural properties for local and national sellers. Our Milton Keynes saleroom, just a few minutes from the M1, is ideally located for buyers from all over the country, although we also offer livestream bidding for those who prefer the ease of modern technology

Notes

These notes are private, only you can see them.

Disclaimer - Property reference BKM250052. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Robinson & Hall Auctions, Bedford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Robinson & Hall Auctions, Bedford on 01239 803034.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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