Commercial Property in Luton available for sale
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Commercial Properties for Sale in the Luton, UK

Explore the Latest Luton Commercial Property for Sale

More details for 18 Compton Av, Luton - Health Care for Sale

18 Compton Av

Luton, LU4 9AZ

  • Health Care for Sale
  • £1,400,000
  • 4,037 sq ft
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More details for 208-210 Toddington Rd, Luton - Light Industrial for Sale

208-210 Toddington Rd

Luton, LU4 9DZ

  • Light Industrial for Sale
  • £800,000
  • 1,310 sq ft
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More details for 133 Luton Rd, Dunstable - Retail for Sale

133 Luton Rd

Dunstable, LU5 4LW

  • Retail for Sale
  • £450,000
  • 750 sq ft
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More details for Mancroft Rd, Caddington - Land for Sale

Mancroft Rd

Caddington, LU1 4DG

  • Land for Sale
  • 7.50 ac Plot
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More details for 4 Covent Garden Close, Luton - Industrial for Sale

4 Covent Garden Close

Luton, LU4 8QB

  • Industrial for Sale
  • £2,600,000
  • 17,623 sq ft
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More details for 500 Capability Green, Luton - Office for Sale

500 Capability Green

Luton, LU1 3LU

  • Office for Sale
  • £29,095,000
  • 77,723 sq ft
  • Air Conditioning
  • Natural Light
  • Security System
  • 24 Hour Access
  • Kitchen
  • Reception
  • Smoke Detector

Luton Office for Sale

An opportunity to acquire a prime office investment pre-let to an occupier who boasts group revenue in excess of €20bn. The building is scheduled to undergo a substantial refurbishment to provide a Grade A office fully repositioned for the future. The building extends over ground and two upper floors with a full height central atrium entrance. Originally built in 1989, the building commands a strong position on the park, close to the amenity offering, and boasts 416 car parking spaces reflecting a superb ratio of 1:191 sq. ft. TUI Travel Limited have signed an agreement for lease to commence once the refurbishment has completed. This FR&I lease is for a term of 15 years with a fixed rental uplift at the end of year 5 (equivalent to 2% pa compounded growth) and an Open Market Rent Review after year 10. This agreement was based upon the IPMS-3 floor areas with 50% of the reception area rentalised. Offers sought in the region of £29,095,000, subject to contract and exclusive of VAT on either: 1. a forward commitment to purchase the investment upon practical completion of the refurbishment works. 2. a full forward funding basis. A purchase at this level reflects a net initial yield of 7.50% increasing to 8.41% by way of a fixed rental uplift in 5 years’ time. Yields are quoted net of purchaser’s costs at 6.8% although we envisage savings can be achieved via an appropriate funding structure.

Contact:

Cushman & Wakefield

Date on Market:

15/10/2024

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FAQs about Commercial Properties For Sale in Luton

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How many Commercial Property listings are available for sale in Luton?
There are currently 16 Commercial Properties available for sale near Luton. These Luton Commercial Property listings have an average size of 15,941 sq ft. The largest available listing in Luton is 77,723 sq ft. The thriving commercial centre and excellent transport links in Luton make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Luton?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Luton currently range from £26 to £1,155 per square foot. While the average net initial yield for Commercial Properties is 9.34%.
What other types of commercial property are available for sale in Luton?
There is a diverse range of commercial properties available in Luton to suit various business needs. Luton offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 16 Luton commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Luton, UK

Market Overview for Commercial Properties in Luton

Key information for Commercial Properties investors in Luton and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Luton £333 15,941 sq ft
Dunstable £207 5,966 sq ft
Redbourn £270 4,156 sq ft
Markyate £94 24,570 sq ft
Hitchin £109 4,145 sq ft

Rental Price Trends in Luton

The price per square foot range for Commercial Properties in Luton and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Luton £26 £333 £1,155
Dunstable £26 £207 £448
Redbourn £270 £270 £270
Markyate £94 £94 £94
Hitchin £92 £109 £120

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Luton area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Luton 356 sq ft 15,941 sq ft 77,723 sq ft
Dunstable 420 sq ft 5,966 sq ft 19,118 sq ft
Redbourn 4,156 sq ft 4,156 sq ft 4,156 sq ft
Markyate 24,570 sq ft 24,570 sq ft 24,570 sq ft
Hitchin 3,186 sq ft 4,145 sq ft 5,276 sq ft

You searched for commercial property for sale in Luton. Explore 16 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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