Block of flats for sale in Park Street, Luton LU1

Venture Commercial are pleased to introduce an excellent investment opportunity, a three-story building comprising two ground floor retail units benefiting from E class use (both currently rented on commercial terms) and a 9-bedroom apartment, (currently unoccupied and refurbishment to be completed) over the first and second floors. The Property is primely located within the heart of Luton Town Centre, just a stone’s throw away from the University of Bedfordshire.

The units to the ground floor are currently rented to Photos 4 You and Look N Buy which measure at 531 sq ft (approx.) and 651 sq ft (approx.) respectively and achieving a rental figure of £18,000 per annum and £22,000 per annum per unit. The 9 bedroom apartment benefits from one room with an en-suite and kitchenette, the remainder of the rooms have shared access to a communal kitchen, communal living area, 2 x shared bathrooms, shared shower room with separate W.C, balcony and is currently vacant.

Situated in the heart of Luton Town Centre, the location of the Property has high footfall and is therefore more likely to attract customers. The Property is also located in close proximity to the University of Bedfordshire, London Luton Airport and Luton Train Station. Providing direct access to and from Central London in under 40 minutes.

Contact us at Venture Commercial now for more information and to arrange a viewing.