Property for Sale

11-15 Park Street West, Luton

£750,000

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Key Features

3 Storey Mixed Use Commercial Property for Sale
Prime Location in close proximity to Luton Town Centre, Luton Train Station and London Luton Airport

Commercial to Residential Development Opportunity (STP)
Opposite the University of Bedfordshire

Full Description

Prime located mixed use commercial building measuring approximately 3,588.2 sq ft in total. This building benefits from three floors of commercial units benefitting from A1, D1 and B1 use classes, an internal elevator providing access to all three floors and WCs throughout.

The property comprises of a Ground Floor Café Unit, First Floor Nursery benefitting from 4 rooms, a kitchen and ancillary office space and three second floor offices as well as a car park with 6 parking spaces. The property will be offered vacant, however, the Vendor was previously receiving an income of £13,200 for the first floor commercial unit and £6,480 for the café per annum whilst occupying the second floor offices with their company.

Alternatively, though the building is currently purposed for commercial use, there is prospect for this to be developed into a residential property (STP). Being located in a prime location and a stone's throw away from the University of Bedfordshire and Luton Train Station, this property is likely to attract young professionals who work in Central London or in and around the Luton area, young families and/or students who attend the University of Bedfordshire.

This property is perfect for any developers looking for a new opportunity to invest into.

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

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