£275,000
(£375.68/sq. ft)
Land for sale47/47A High Street South, Dunstable, Bedfordshire LU6
732 sq. ft
About this property
Description
Ground Floor (Right Hand Side):
Ground Floor (Left Hand Side) & Entire First Floor:
Total rent roll as of July 2025 = £13,584 pa The tenants each took occupation in 2012 upon a 5-year lease, which expired in 2017, although the tenants remain in occupation. Further lease details are available upon request. We are of the opinion that both premises are under-rented and that by implementing formal lease renewal proceedings, a rental uplift is possible. Furthermore, STPP, there is potential for conversion of the upper floor to residential.
Location
The pavement-lined, Grade II Listed property is located on High Street South within Dunstable town centre, at the corner of Wood Street. All town centre amenities are within walking distance including shops, banking, cafes, restaurants, bars, supermarkets, public parking, etc.
Terms
The freehold interest, with the benefit of both tenants in situ, is available for £275,000.
Rateable Value
The Rateable Value for the subject premises are:
Please note this is not rates payable.
Legal Costs
Each party to bear their own legal and professional costs.
VAT
We are advised that VAT is not applicable.
Ground Floor (Right Hand Side):
- Trading as a hair salon.
- The main sales area measures 198 sqft (18.41 m2), plus rear store/treatment room of 73 sqft (6.74 m2).
- Rental as from July 2025 = £5,719 pa.
Ground Floor (Left Hand Side) & Entire First Floor:
- Trading in beauty/cosmetics.
- The ground floor measures 137 sqft (12.76 m2), plus there are three first floor rooms which combine 323 sqft (30.04 m2) and a bathroom.
- Rental as from July 2025 = £7,864.92 pa.
Total rent roll as of July 2025 = £13,584 pa The tenants each took occupation in 2012 upon a 5-year lease, which expired in 2017, although the tenants remain in occupation. Further lease details are available upon request. We are of the opinion that both premises are under-rented and that by implementing formal lease renewal proceedings, a rental uplift is possible. Furthermore, STPP, there is potential for conversion of the upper floor to residential.
Location
The pavement-lined, Grade II Listed property is located on High Street South within Dunstable town centre, at the corner of Wood Street. All town centre amenities are within walking distance including shops, banking, cafes, restaurants, bars, supermarkets, public parking, etc.
Terms
The freehold interest, with the benefit of both tenants in situ, is available for £275,000.
Rateable Value
The Rateable Value for the subject premises are:
- 47 = £5,500
- 47a = £3,350
Please note this is not rates payable.
Legal Costs
Each party to bear their own legal and professional costs.
VAT
We are advised that VAT is not applicable.
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