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32-32A Wellington St 650 sq ft Retail Property Luton LU1 2QH £397,000 (£610.77/sq ft)
INVESTMENT HIGHLIGHTS
- Prominent business location
- Close to local amenities
- Solid Transport Links
EXECUTIVE SUMMARY
The property is fully let, comprising a restaurant at ground floor and basement, with the first and second floor (attic) comprising of a self contained apartment.
The commercial lease upon ground floor and basement commenced in June 2021 and expires in June 2026. The passing rent is £20,000
pa. Please enquire for further tenancy information.
The maisonette at first and second floor has pedestrian access off Peel Street. The first floor comprises a kitchen, bathroom and a lounge, whilst the second floor comprises two double bedrooms. The passing rent is £10,500 per annum.
The commercial lease upon ground floor and basement commenced in June 2021 and expires in June 2026. The passing rent is £20,000
pa. Please enquire for further tenancy information.
The maisonette at first and second floor has pedestrian access off Peel Street. The first floor comprises a kitchen, bathroom and a lounge, whilst the second floor comprises two double bedrooms. The passing rent is £10,500 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
650 sq ft
Costar Property Class
B
Year Built
1905
Price
£397,000
Price per sq ft
£610.77
Tenancy
Single
Number of Floors
3
Plot ratio
0.33
Total Plot Size
0.05 ac
Frontage
18 ft on Wellington Street
AMENITIES
- Security System
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NEARBY MAJOR RETAILERS
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32-32A Wellington St
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