Commercial Property in Luton and Dunstable
- Offices, Industrial, Retail & Warehousing -
293-295 Luton Rd, Dunstable, LU5 4LR
293-295 Luton Rd, Dunstable, LU5 4LR

Details
293-295 LUTON ROAD DUNSTABLE LU5 4LR
Investment / Poss Redevelopment
7211 + YARD SQ FT ( 669.91 + YARD M2)
Tenure:FREEHOLD
Price/Rent: £550,000 +
About
293/295 LUTON ROAD
DUNSTABLE
BEDFORDSHIRE
LU5 4LR

INCOME PRODUCING INVESTMENT PROPERTY
(POSSIBLE FUTURE REDEVELOPMENT POTENTIAL)
SUBJECT TO PLANNING
FOR SALE FREEHOLD




LOCATION

The property is situated on Luton Road, Dunstable (A505) close to the Luton/Dunstable border.

The premises occupy a prominent corner site at the junction with Allenby Avenue. A Tesco Superstore is located close by and junction 11 of the M1 Motorway is approximately 1.5 miles (2.41km) distant.

DESCRIPTION

The premises comprise a detached two storey building probably constructed in the 1960ís, comprising a showroom and storage on the ground floor with office accommodation on the first floor. Externally the building is fronted by a forecourt providing vehicle parking. At the rear, there is enclosed yard space and three lock up garages.

ACCOMMODATION

The site has an approximate frontage to Luton Road of 13m, with an approximate depth of 22m. The built areas are approximately:

GROUND FLOOR

Showroom & Stores = 451.32m2
Ground Floor Offices = 43.49m2
First Floor Offices = 175.10m2
TOTAL = 669.91m2

TENANCIES

The principle tenant is Brandon Hire Ltd with the offices being let to a variety of tenants. See Tenancy Schedule attached. The total current rental income is £46,526 pax.

PRICE

Offers in excess of £550,000.00 are invited for the freehold interest.

VAT

VAT is applicable to the purchase price.

VIEWING

Strictly by prior appointment only. For further Information, please contact:

Jamie Duncan
DUNCAN WELCH & COMPANY
01582 - 725302

jamieduncan@duncan-welch.co.uk











Amenities
-INCOME PRODUCING INVESTMENT PROPERTY
-POSSIBLE FUTURE REDEVELOPMENT POTENTIAL
Misrepresentation Act: The contents of this web-site, and the descriptions contained therein, do not form part of any legal contract and whilst every effort has been taken to ensure accuracy, we are unable to accept any loss arising from reliance solely on the part of this web-site as it is designed purely as a guide