Property photos
£1,100,000
(£170.65/sq. ft)
Land for sale
6-8 Park Street, Luton, Bedfordshire LU16,446 sq. ft
Local area information
Property location
Nearby amenities
- Luton Pentecostal Church Christian Academy 0.1 miles
- Luton 0.3 miles
- Chiltern Learning Academy 0.5 miles
- Luton Airport Parkway 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Luton to find out more about the local area.
Features and description
Description
Key features:
Arranged over ground, first and second floor the premises are occupied by a public house at ground floor level and vacant upon the upper floors - formerly occupied by a gymnasium and fitted out accordingly.
The upper floors are predominantly open and benefit from solid floors, suspended ceiling, LED lighting, WC facilities, changing room, a central stairwell, a fire exit stairwell, and ground floor access onto Park Street.
Planning permission has been obtained (Planning Ref No: 22/00574/ful) for redevelopment of a total of 19 new residential dwellings, although should a purchaser wish to occupy the premises themselves or rent it out, the consented scheme does not have to be implemented.
Location
The subject property is prominently positioned on Park Street in Luton town centre. As such, all town centre amenities are within walking distance and other amenities within proximity.
Terms
The property is available to purchase on a freehold basis for £1,100,000.
Please note that our client wishes to retain the ground floor (public house) upon the existing ground lease, although may consider selling this too, subject to agreement
Rateable Value
The Rateable Value for the first and second floor is £48,000 (please note this is not rates payable).
Legal Costs
Each party to bear their own legal and professional costs incurred.
VAT
We are advised that VAT will not be applicable.
Key features:
- Rare Freehold Opportunity
- Town Centre Location
- Predominantly Open Plan
- Suitable for a variety of uses (STPP) such as gym, showroom, church, education, office, etc.
Arranged over ground, first and second floor the premises are occupied by a public house at ground floor level and vacant upon the upper floors - formerly occupied by a gymnasium and fitted out accordingly.
The upper floors are predominantly open and benefit from solid floors, suspended ceiling, LED lighting, WC facilities, changing room, a central stairwell, a fire exit stairwell, and ground floor access onto Park Street.
Planning permission has been obtained (Planning Ref No: 22/00574/ful) for redevelopment of a total of 19 new residential dwellings, although should a purchaser wish to occupy the premises themselves or rent it out, the consented scheme does not have to be implemented.
Location
The subject property is prominently positioned on Park Street in Luton town centre. As such, all town centre amenities are within walking distance and other amenities within proximity.
- Luton Mainline Train Station = 470m
- The Mall = 135m
- University of Bedfordshire = 100m
- Town Centre Amenities (retail, food and beverage, banking, etc)
- London Luton Airport = 1.65 miles
- Luton & Dunstable Hospital = 2.80 miles
- Proposed ltfc Power Court Development Site = 325m
Terms
The property is available to purchase on a freehold basis for £1,100,000.
Please note that our client wishes to retain the ground floor (public house) upon the existing ground lease, although may consider selling this too, subject to agreement
Rateable Value
The Rateable Value for the first and second floor is £48,000 (please note this is not rates payable).
Legal Costs
Each party to bear their own legal and professional costs incurred.
VAT
We are advised that VAT will not be applicable.
More information
Listed by
S.R. Wood & Son Ltd
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