Lot 72
Commercial Property - Commercial Property
27 High Town Road
Luton, Bedfordshire, LU2 0BW
£140,000+
Guide Price (plus fees)
A Ground Floor Lock Up Shop & Two Bedroom First Floor Flat. Part-Let Producing £7,800 per annum. Vacant Possession of the Flat (ERV £7,332 per annum)
Description
Tenure
Freehold
Location
High Town Road is an established parade close to the heart of Luton town centre. Nearby multiples include Premier Stores, Best One and Coral. Transport links are provided by Luton rail station.
Description (2nd Column)
The property comprises a ground floor lock up shop with a two bedroom flat above situated within a mid terrace building arranged over ground and first floors.
Note (2nd Column)
The LHA rates for a two bedroom flat in this postcode is £141 per week. Thus potential income of at £7,332 per annum (source: https://lha-direct.voa.gov.uk/)
Viewing Details
This property has now sold prior and therefore there will be no further viewings.
Bold Black Text
Current Rent Reserved £7,800 per annum
Addendum
Sold Prior
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Tenancy Details | Current Annual Rent |
|---|---|---|---|---|
| Shop | Ground | Shop Area | Let on a 6 year internal repairing & insuring lease from 5th October 2012 | £7,800 |
| Flat | First | Two Bedroom Accomodation | Vacant |
Additional Fees
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
View Details as PDFEnquire NowFinance AvailableRegister to Bid
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk
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