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COMMERCIAL

Lyneham Road, Luton, LU2 9JS

Offers Over
£450,000
Rybull Group, Rickmansworth
PROPERTY TYPE

Mixed Use

BEDROOMS

2

BATHROOMS

1

SIZE

1,045 sq ft

97 sq m

Key features

  • Mixed-use freehold investment opportunity
  • 363 sq ft ground floor commercial unit
  • Currently trading as an established bakery shop
  • 628 sq ft two-bedroom, one-bathroom flat arranged over two floors
  • Residential accommodation currently producing £1,100 pcm
  • Land to the rear providing additional amenity and potential
  • Forms part of an established 12-unit commercial parade
  • Situated within a densely populated residential catchment
  • Approximately 1.5 miles from London Luton Airport & Luton Parkway Station
  • Excellent road connectivity with A505 approximately 1.8 miles and M1 Junction 10 approximately 2.5 miles

Description

An attractive mixed-use freehold investment opportunity comprising a ground floor commercial unit currently trading as a bakery shop, together with a two-bedroom residential flat arranged over two floors and benefiting from land to the rear.

The commercial premises extend to approximately 363 sq ft, whilst the well-proportioned residential accommodation extends to approximately 628 sq ft over the first and second floors. The two-bedroom flat is currently let, producing a rental income of £1,100 per calendar month, providing the property with an established residential income stream.

The property occupies a position within an established parade of 12 commercial units on Lyneham Road, serving a densely populated residential catchment in Luton. Excellent transport connections further enhance the property's appeal, with London Luton Airport and Luton Parkway Railway Station approximately 1.5 miles away, the A505 approximately 1.8 miles away and Junction 10 of the M1 approximately 2.5 miles away.

The combination of an established commercial use, residential rental income and additional rear land provides a versatile investment opportunity with potential for future rental growth, alternative uses or redevelopment potential, subject to the necessary planning permissions and consents.

Brochures

Brochure 1

Energy Performance Certificates

EPC 1

Lyneham Road, Luton, LU2 9JS

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Luton Parkway Station1.1 miles
  • Luton Station1.4 miles
  • Leagrave Station3.5 miles
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About Rybull Group, Rickmansworth

1-3 Old Mill Road, Hunton Bridge, Kings Langley, WD4 8RD
Industry affiliations:

Built upon a foundation of unparalleled connections, our agency boasts an exceptional network that spans far beyond the confines of the high street. We thrive on forging meaningful relationships within the industry, ensuring our clients have access to the widest pool of opportunities and resources. Diverging from the conventional high street setup, we operate in a realm where creativity knows no bounds. Our non-traditional approach enables us to break free from the constraints of physical locations, allowing us to reach clients wherever they may be. From residential properties to commercial spaces, from vast stretches of land to cutting-edge new developments, our marketing strategies are second to none. We utilise innovative techniques and platforms to showcase properties in their best light, ensuring maximum exposure and attracting the right audience. Innovation is at the heart of everything we do. We embrace creativity and outside-the-box thinking to bring fresh perspectives to the real estate industry. From unconventional marketing campaigns to pioneering technological solutions, we continuously push boundaries to deliver exceptional results for our clients.

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Disclaimer - Property reference S1873591. 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 Rybull Group, Rickmansworth. 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.