Lot 27
83 Wellington Street
Luton, Bedfordshire, LU1 5AF
Sold for £120,000.
A Commercial & Ground Rent Investment Producing £9,800 per annum
Description
Tenure
Freehold
Location
The property is situated on a mixed use road in the heart of Luton town centre. The open spaces of Blue Bell Woods are within easy reach. Transport links are provided by Luton rail station and the M1 motorway (J10 & J11) is easily accessible.
Description (2nd Column)
The property comprises an end of terrace building arranged over ground and two upper floors internally arranged to provide a ground floor lock up shop with four self contained flat above.
Note (2nd Column)
The vendor is holding a 4 month rent deposit which will be passed on to the buyer.
Viewing Details
Please refer to us directly on 020 7625 9007
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Tenancy Details | Current Annual Rent |
|---|---|---|---|---|
| Lock up shop | Ground | Shop area/ external WC | let on a 5 year FRI lease from 7th April 2015 to Qamar Ismail t/a as a takeaway/restaurant | £9,000 |
| Flat 1 | Rear Ground | Not Inspected | Sold off on a 99 year lease from 2nd November 2007 | £200 |
| Flat 2 | First | Not Inspected | Sold off on a 99 year lease from 2nd November 2007 | £200 |
| Flat 3 | First | Not Inspected | Sold off on a 99 year lease from 2nd November 2007 | £200 |
| Flat 4 | Second | Not Inspected | Sold off on a 99 year lease from 2nd November 2007 | £200 |
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 Now
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
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