Commercial property for sale in Wellington Street, Luton, Bedfordshire LU1

Incredible Investment Opportunity on Wellington Street, Luton!

For Sale: £550,000.00

We are delighted to present an exceptional opportunity to acquire a versatile mixeduse property located in the highly sought-after area of Wellington Street, Luton. This remarkable property comprises a retail unit with A1/A2 usage and two residential flats, offering an ideal investment for both commercial and residential purposes.

Property Highlights:

- Prime Mixed-Use Unit:

- Retail Unit: 63 sqm of prime retail space suitable for A1/A2 usage, providing ample room for a variety of business operations.
- Studio Flat: 31 sqm, mid-floor flat, perfectly designed for comfortable living.
- 1-Bed Flat: 38 sqm, top-floor flat, offering a spacious and inviting living environment.
- Location:

- Established Retail Area: Situated in a thriving commercial zone in Luton, this property benefits from high foot traffic and excellent visibility.
- Convenient Transportation: Luton Mainline Railway Station is within 1 mile, ensuring easy access to London and other major cities.
- Accessibility: Just 1 mile from Junctions 10 and 11 of the M1 Motorway, facilitating effortless connectivity for commuters and travellers.
- Current Tenancies:

- The retail unit is currently leased, with the lease expiring on November 1,2024. The owner is flexible and willing to sell the property vacant, provided a non-refundable deposit is made to secure the premises off the market.
- Both residential flats are tenanted, but the landlord is prepared to give notice to tenants, ensuring the entire property can be purchased vacant if desired.
- Additional Features:

- Parking: There are four dedicated car parking spaces located at the rear of the premises, offering convenience for tenants and customers alike.

This property is a rare find in Luton's bustling commercial district, combining commercial and residential elements to create a lucrative investment. Whether youre looking to expand your portfolio or seeking a prime location for your business, 47 Wellington Street presents an unparalleled opportunity.

Dont miss out on this unique chance to own a piece of Luton's vibrant community. Contact us today to schedule a viewing and secure this fantastic property!

Contact Information: Sabbi Bains or Sam Bains