Lot
    Residential Development
    Albion Chambers
    1a-3 High Street, Leighton Buzzard, Central Bedfordshire, LU7 1DN
    £685,000+
    Guide Price (plus fees)
    Number 1
    A Freehold Mid Terrace Building Arranged to Provide Vacant First and Second Floors With Works Near Completion Under Permitted Development For the Conversion to Six Flats (1 x Two Bedroom, 5 x One Bedroom). The Three Ground Floor Shops are All Sold Off on Long Leases.

    Description

    The property comprises a mid terrace building arranged to provide three ground floor shops and first and second floors to be arranged as six flats.

    Location

    The property is situated on a mixed use parade close to local shops and amenities. Nearby multiples include Argos, Waitrose and Post Office. The open spaces of Parson's Close Recreation Ground are within easy reach. Transport links are provided by Leighton Buzzard rail station.

    Exterior

    The property benefits from four allocated parking spaces.

    Planning

    Central Bedfordshire Borough Council granted the following planning permission (ref: CB/22/07339) on 24th June 2022: 'Prior Approval for change of use - commercial/business/service to dwellinghouse: for the change of use of Class E space (former Class B1(a)) to form 6 apartments'. Works have commenced and are near completion.

    Proposed Accommodation

    Ground Floor
    Three Shops (All Sold Off on Long Leases)

    First Floor
    Four Flats (3 x One Bedroom, 1x Two Bedroom)

    Second Floor
    Two Flats (2 x One Bedroom)

    Tenancy

    The three ground floor shops are all sold off on 999 year leases.

    Note

    The vendor has advised that there is further development potential in the loft space subject to obtaining all relevant consents.
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