Lot 31
    Whitbread House
    Park Street West, Luton, Bedfordshire, LU1 1BG
    Sold Prior for £4,900,000.
     
    Number 1
    A Substantial Site Measuring 4,494 sq m Offered with Planning Permission to Build 180 Units of Student Accommodation and 84 Residential Apartments and Commercial Space (Total G.I.A - 13,163 sq m)

    Tenure

    Freehold

    Location

    The site is situated in the heart of Luton town centre close to local shops and amenities and also the University of Bedfordshire. Transport links are provided by Luton railway station and the M1 motorway (J10) is within easy reach.

    Proposed Accommodation
    The property will comprise 180 units of student accommodation, 84 residential apartments and commercial space. The residential apartments will be arranged over nine stories and the student accommodation arranged over six stories.

    Residential & Commercial Accommodation
    - Commercial G.I.A 1,615 m2
    - Commercial N.I.A 1,364 m2
    - Residential G.I.A 6,292 m2
    - Residential N.I.A 6,292 m2

    Student Accommodation
    - Student Rooms G.I.A 5,255 m2
    - Student Rooms N.I.A 3,727 m2

    Planning (2nd Column)

    In 2009 planning permission was granted (09/00030/FUL) to erect 134 apartments with commercial and office space.

    The current application (14/00771/FUL ) has been recommended for approval subject to the signing of the section 106 agreement.

    Luton Borough Council received and approved the following planning proposal on 31st January 2014:
    "Erection of a 6 to 10 storey mixed-use development comprising 84 residential flats, student accommodation (180 rooms) and 1,615 Sq.M of commercial floorspace."

    Viewing Details

    Please contact Justin Chilton on 020 3837 9757 or justin@auctionhouselondon.co.uk for further information and viewings.

    Addendum

    Sold Prior
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