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Full details for Commercial Property For Sale in Luton

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Description

Investment Opportunity in the Heart of Bury Park

Welcome to an unparalleled investment opportunity brought to you by Ultimate Connexions. Nestled in the bustling heart of Bury Park, on the prominent Leagrave Road, this property offers a prime location coupled with impressive rental returns, making it an exceptional addition to any investment portfolio.

Property Highlights:

¹ Prime Location: Situated on Leagrave Road, this property enjoys high visibility and foot traffic, ensuring maximum exposure for any business venture.

¹ Versatile Space: The property boasts a spacious ground-floor shop spanning 117 square meters (1,259 square feet). Currently operating as a Sisha shop under a year-long license, this space presents endless possibilities for retail or commercial endeavours.

¹ Residential Appeal: In addition to the commercial space, the property features two well-appointed flats, accessed conveniently from the side entrance.

Flat Features:

1,£ One-bedroom Flat:

- Spacious kitchen lounge area (6.683 m x 5.111 m = 34.157 m² / 722.86 sq. ft) for comfortable living and entertaining.
- Upstairs landing with ample storage space (1.586 m x 2.944 m = 4.669 m² / 50.25 sq. ft).
- Generously sized bedroom with ensuite (5.818 m x 4.661 m = 27.118 m² / 291.75 sq. ft), offering privacy and convenience.
- Currently, generating £850.00 per calendar month.

2,£ Studio Flat:

- Thoughtfully designed kitchen, lounge, and bedroom area (5.416 m x 4.970 m = 26.918 m² / 289.65 sq. ft), maximizing space and functionality.
- Separate bathroom for added convenience and comfort.
- Ideal for young professionals or students seeking a modern living space.
- Currently, generating £750.00 per calendar month.

Sale Price: £755,000.00

Financial Insights:

With a current rental income of £44,200.00 per annum, this property offers a lucrative 6% yield, showcasing its strong investment potential. Whether youre a seasoned investor seeking reliable returns or a newcomer looking to enter the property market, this opportunity promises both stability and growth.

Dont Miss Out!

With its strategic location, versatile layout, and impressive returns, this property on Leagrave Road presents a rare chance to secure a solid investment in the vibrant heart of Bury Park. Contact Ultimate Connexions today to seize this opportunity and take your investment portfolio to new heights!

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