Fixed price
£650,000
(£179.86/sq. ft)
Industrial for saleHigh Town Road, Luton LU2
From 3,614 - 4,256 sq. ft
Just added
About this property
Investment / owner occupier opportunity
motor vehicle repair workshop & ground floor office / shop
with A one bedroomed residetial flat
251 hightown road
Luton
bedfordshire
LU2 0BZ
For sale freehold
location
The property is located in Hightown Road close to the Round Green district of Luton.
Description
The property is fronted by a two-storey building comprising an office / shop on the ground floor with a self-contained one bedroomed flat on the first floor. A lockable driveway leads to a single-storey workshop building currently in use as a motor vehicle body repair centre.
Accommodation & tenancies
251 Hightown Rd 341 sq ft Ground Floor Office / Retail Unit.
Let on a 5 year lease contracted out
of the Landlord & Tenant Act 1954 from July 2022
Rental £5,000 per annum exclusive.
251 Hightown Rd 642 sq ft A First Floor One Bedroomed Residential Flat
which is currently vacant.
Workshop R/O 3,273 sq ft A Motor Vehicle Repair Workshop
251 Hightown Rd Let on a 5 year lease contracted outside of the
Landlord & Tenant Act 1954 from July 2022
Rental £22,000 per annum exclusive.
N.B. The commercial leases exclude the Security of Tenure & Compensation Provisions of the Landlord & Tenant Act 1954. The Freeholder is therefore under no obligation to renew these leases upon their expiry next year in July 2027. They provide the opportunity for owner occupation at that time.
Tenure Freehold subject to the existing leases.
Price £650,000
VAT VAT is not applicable to the sale.
Viewing Strictly by prior appointment via sole agent: -
motor vehicle repair workshop & ground floor office / shop
with A one bedroomed residetial flat
251 hightown road
Luton
bedfordshire
LU2 0BZ
For sale freehold
location
The property is located in Hightown Road close to the Round Green district of Luton.
Description
The property is fronted by a two-storey building comprising an office / shop on the ground floor with a self-contained one bedroomed flat on the first floor. A lockable driveway leads to a single-storey workshop building currently in use as a motor vehicle body repair centre.
Accommodation & tenancies
251 Hightown Rd 341 sq ft Ground Floor Office / Retail Unit.
Let on a 5 year lease contracted out
of the Landlord & Tenant Act 1954 from July 2022
Rental £5,000 per annum exclusive.
251 Hightown Rd 642 sq ft A First Floor One Bedroomed Residential Flat
which is currently vacant.
Workshop R/O 3,273 sq ft A Motor Vehicle Repair Workshop
251 Hightown Rd Let on a 5 year lease contracted outside of the
Landlord & Tenant Act 1954 from July 2022
Rental £22,000 per annum exclusive.
N.B. The commercial leases exclude the Security of Tenure & Compensation Provisions of the Landlord & Tenant Act 1954. The Freeholder is therefore under no obligation to renew these leases upon their expiry next year in July 2027. They provide the opportunity for owner occupation at that time.
Tenure Freehold subject to the existing leases.
Price £650,000
VAT VAT is not applicable to the sale.
Viewing Strictly by prior appointment via sole agent: -
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Monthly repayment
£3,251 per month
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