{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"755868669437649","summary":"Freehold Mixed-Use Property for Sale - 148-150 Leagrave Road, Luton. Prime investment in the heart of Bury Park. Mid-terraced property in a thriving commercial district with excellent visibility, strong footfall, and high demand.","archived":false,"description":"Exceptional Freehold Investment Opportunity - Mixed-Use Property for Sale
148-150 Leagrave Road, Luton, Bedfordshire, LU4 8HX
Price: £850,000 (Negotiable)

A rare chance to acquire a freehold mixed-use property in Luton's thriving Bury Park district. Offering strong rental income and immediate potential for growth, this property is ideal for investors seeking a high-yield opportunity.

Property Overview:

Ground Floor:

Retail Unit: 972 sq ft, currently let to a convenience store (£30,000 p.a.)

Flat E: 238 sq ft studio at the rear, vacant (STPP), offering income potential

First Floor:

Flat C: 462 sq ft 1-bedroom, let on AST (£10,200 p.a.)

Flat D: 527 sq ft 1-bedroom, let on AST (£12,000 p.a.)

Additional Features:

Front forecourt, rear courtyard, and secure lock-up storage units

Total current rental income: £52,200 p.a., with potential to increase by letting vacant Flat E and rent review in 2027

Investment Highlights:

Prime location with high visibility and excellent footfall

Freehold ownership in a sought-after commercial district

Immediate rental income from existing tenancies

Diversified portfolio: retail plus residential apartments

Long-term growth prospects

Commercial Lease:

Lease term: 7 years (expiring July 2031)

Break clause: July 2028

Rent review: 2027 (upward-only open market basis)

Security of tenure: Excluded

Additional Information:

Rateable Value: To be confirmed

Legal Costs: Each party responsible for own fees

VAT: Not applicable

This is a rare investment opportunity in a prime, high-demand location!

For viewings or more information:

Sabbi Bains:

Sam Bains: ","disclaimer":{"raw":"Disclaimer - Property reference LeagraveRd. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Ultimate Connexions, Luton. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Freehold mixed-use property in Bury Park, Luton","Retail unit 972 sq ft (let £30,000 p.a.)","2 x 1-bed flats let (£22,200 p.a.) + vacant studio flat","Front & rear courtyard, secure storage","Total income £52,200 p.a., growth potential","Prime location, excellent footfall","Sale Price: £850,000 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