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UNDER OFFER

Ashwell Parade, Luton, Bedfordshire, LU3

Guide Price
£170,000

£267.30 per sq ft

Business rates & charges may apply

Stimpsons Eves, Luton
SIZE AVAILABLE

636 sq ft

59 sq m

SECTOR

High street retail property for sale

Key features

  • Ground floor retail
  • Currently let - income producing
  • Upper floor residential sold off on long leasehold
  • For sale

Description

Ground floor mid-terraced commercial investment property. Internally, the accommodation is arranged to provide a retail sales area to the front with ancillary accommodation/storage to the rear. The ground floor is currently let to a convenience store at a rental of £11,400 per annum on a 15 year lease expiring 2028. The upper floor comprises a self-contained residential maisonette (Use Class C3), which has been sold off by way of a long leasehold interest. We are advised that the long leaseholder has no obligation to pay ground rent, service charge, or contribute to any estate management costs under the terms of the lease. The freeholder retains no financial benefit or control over the upper parts aside from the reversionary freehold interest.

Brochures

Ashwell Parade, Luton, Bedfordshire, LU3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leagrave Station1.2 miles
  • Harlington Station3.1 miles
  • Luton Station3.6 miles

About Stimpsons Eves, Luton

Compton Avenue, Leagrave, Luton, LU4 9AX

Notes

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Disclaimer - Property reference 1075FH. 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 Stimpsons Eves, Luton. 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.

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