47 Wellington St 678 SF Retail Building Luton LU1 2QH £450,000 (£663.72/SF)

INVESTMENT HIGHLIGHTS

  • Prominent Location
  • High Footfall
  • Great Transport Links

EXECUTIVE SUMMARY

Exceptional opportunity to acquire a versatile mixed-use 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.
Retail Unit: 678 sq. ft of prime retail space suitable for A1/A2 usage, providing ample room for a variety of business operations.
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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
678 SF
Building Class
B
Year Built
1922
Price
£450,000
Price Per SF
£663.72
Tenancy
Single
Number of Floors
3
Frontage
17 ft on Wellington Street

AMENITIES

  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Costcutter
Metro Bank
Peri Peri Original
Iceland
HSBC
eurochange
National Westminster Bank Plc
Sam's Chicken
Nando's
YMCA
  • Listing ID: 32245517

  • Date on Market: 25/06/2024

  • Last Updated:

  • Address: 47 Wellington St, Luton LU1 2QH