Lot 183
    Commercial Development
    89-93 Park Street
    Luton, Bedfordshire, LU1 3HG
    Sold for £700,000.
     
    Number 1
    A Development Opportunity Comprising a Double Fronted Mid Terrace Building (Formerly Use-Class E) Measuring Approximately 8,883 sq ft (825 sq m). Offered With Planning Permission for Erection of a Second Floor Extension and Change of Use of Existing Building for 37 Bedrooms with Kitchenettes in Use Class C1 (Hotel), and an Open Class A1 (Retail)/Class B1(a) (Office) at Ground Floor Level.

    Description

    The property comprises a two x mid terrace buildings arranged over ground and two upper floors. The property is in shell condition.

    Tenure

    Freehold

    Location

    The property is situated in Luton City Centre close to local shops and amenities. The open spaces of Manor Road Park are within easy reach. Transport links are provided by Luton rail station and Luton Airport Parkway,

    Accommodation

    Ground Floor
    G.I.A Approximately 392 sq m

    First Floor
    G.I.A Approximately 401 sq m

    Attic
    G.I.A Approximately 21 sq m

    Exterior

    The property benefits from rear access and off street parking for up to ten vehicles.

    Planning

    Luton Borough Council granted the following planning permission (ref: 19/00025/FUL) on 16/09/2022: 'Erection of a second floor extension and change of use of existing building for 37 bedrooms with kitchenettes in Use Class C1 (Hotel), and an open Class A1 (retail)/Class B1(a) (office) at ground floor level.'

    Note

    Construction drawings are included in the legal pack in addition to DWG's which are available upon request.
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    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.

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