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This property is no longer on the market

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Mixed use

Mixed use
Added > 14 days

Features and description

  • Tenure: Freehold
  • Four Floors including basement
  • Luton Town Centre
  • Investnment opportunity

* Offers in Excess of £425,000 *

An Investment opportunity in the Town Centre of Luton available to purchase. A mixed use Property that comprises of a ground floor Indian restaurant and a 3-bedroom split level maisonette above. The ground floor retail unit with class E use, presented in excellent condition and measures 924.35 sq ft (approx), it comprises of a seating area for approximately 40 covers, open plan to kitchen, further kitchen towards the rear leading to storage rooms and a walk in refridgerator to the rear of the property, under the stairs leads to a W/C and access to the basement. The basement houses two further rooms currently used for storage. 

The 3-bedroom split level maisonette has it's own entrance from the street, has class C3 use and measures 514.37 sq ft (approx) and comprises open plan kitchen / living area and bathroom to the first floor and three double bedrooms to second floor.  

Both premises are currently occupied on separate tenancies, the Indian restaurant is on a long term lease for £19,800 pa with approximately 12 years remaining with a rent review every 3 years and the 3- bedroom maisonette is rented at £13,800 pa currently on a periodic AST agreement. The annual receipt of this is £33,600 per annum. 



Property information from this agent

About this agent

Venture Commercial - Luton
Venture Commercial - Luton
9 Compton Avenue Luton, Bedfordshire LU4 9AX
01582 955214
Full profileProperty listings
Venture Commercial is a full-service Commercial Property Real Estate Agency and Consultancy providing market-leading commercial property advice, cutting edge industry know-how and above and beyond client service in Bedfordshire. The company’s core principles are based upon ‘outside the box thinking’ and adding and creating value for their client’s property investments whilst providing the highest level of communication, service and reliability. Their aim is to become indispensible to their client, streamlining and simplifying sale, purchase and lease transactions, adding value to existing property investments and making the letting and management of their property portfolios effortless, giving the most valuable commodity back to their client in return. Time.
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