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183-185 Marsh Rd 4,033 sq ft 100% Let Retail Property Luton LU3 2QQ £1,000,000 (£247.95/sq ft)
Investment Highlights
- Prominent roadside position
- Mixed-use accommodation
- Strong frontage and visibility
Executive Summary
A prominent and fully let commercial investment property arranged over multiple floors, occupying a highly visible position on Marsh Road within an established commercial location. The Property generates a total passing rent of £78,425 per annum from a diverse mix of retail and office occupiers, offering a strong and secure income-producing investment with future asset management potential through the forthcoming rent review of Unit 2.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
4,033 sq ft
Costar Property Class
B
Year Built
1960
Price
£1,000,000
Price per sq ft
£247.95
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.71
Total Plot Size
0.13 ac
Parking
10 Spaces (3.13 Spaces per 1,000 sq ft Leased)
Frontage
18 ft on Marsh Road
Amenities
- Signage
1 1
Nearby Major Retailers
1 of 7
Videos
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183-185 Marsh Rd
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