2-12 BOLTON ROAD, LUTON, BEDFORDSHIRE, LU1 3HR
7,233 Sq Ft / Other / Investment
For Sale
- £895,000.00
Available - Last updated: 21 February 2024
Description:
Planning consent at Appeal has been obtained for the demolition of an industrial unit and the construction of a new 6 storey, town centre block of flats with commercial premises upon the ground floor. The subject site is located close to Bedfordshire University and Luton town centre.
Appeal Ref:- APP/B0230/W/21/3275436 dated 09 March 2022.
• Site area 0.04 hectare/0.098 acre.
• 2 allocated parking spaces.
• Ground floor commercial area totalling 1,202 sqft/112 m2).
• Residential area totalling 6,027 sqft (560 m2).
• Total – 7,233.36 sqft (672 m2).
The dwellings range between 61.50 m2 and 64.50 m2.
Terms:
The industrial unit is currently let and a Deed of Surrender has been entered into to enable vacant possession in order for the development to commence.
The premises are owned in a single asset company. The shares in this company are for sale which will offer the purchaser a financial saving on Stamp Duty Land Tax.
Available freehold at £895,000.
Legal Costs:
Each party to bear their own legal costs incurred.
VAT:
Plus V.A.T. at the appropriate rate if applicable.
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
|
For Sale Freehold
|
£895,000.00
| NA |
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