Commercial Premises Suitable for Owner Occupancy, Investment or Conversion STPP
Summary
- Value-Add Opportunity
- Potential Conversion STPP
- Town Centre Proximity
- Residential Surrounds
Location
The premises occupy a prominent corner position, located at the junction of Adelaide Street and Princess Street. Luton Police Station is opposite and the town centre, along with its various amenities, is within proximity.
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Mainline Stations
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Luton8 mins
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Luton Airport Parkway22 mins
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Leagrave48 mins
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Harpenden102 mins
Underground Station
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Chesham278 mins
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Watford Junction286 mins
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Watford294 mins
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Watford High Street301 mins
Further Information
Price £450,000
Description
Having formerly been used for a variety of different uses, the property is now fully vacant. There is off-road parking at the rear for 1-2 vehicles. Planning consent was obtained for the conversion of the property to create 4 apartments, however this has since expired. It is felt that planning for the same would be granted again.
Terms
The freehold is available with vacant possession for £450,000.
VAT
We are advised by our client that the property is not elected for VAT.
Legal Fees
Each party is to bear its own costs incurred.
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