Investment for sale - Cash buyers only

Bradley Road, Luton, LU4

Asking Price £350,000

Property Information

  • Reference number 18
  • Property Type Mixed Use
  • Floor / Land Area 120 sqft

Key Feature

  • Mixed Use

Extra Features

  • Class E Commercial Unit on the Ground Floor
  • Freehold Mixed Use Property
  • 1 Bedroom Flat
  • 3 Bedroom Flat
  • Tenants in situ
  • Incredible Investment Opportunity

Property description

Fantastic investment opportunity to acquire the freehold interest of a ground floor mixed use commercial unit with a residential ground floor studio apartment with garden and brick-built garage (storage) and first floor 3-bed duplex maisonette. The ground floor commercial unit is currently occupied by a Barbershop on a monthly-rolling basis with the residential units occupied on periodic AST's which guarantees an income of £2,600 per month and an ROI of circa 9% exclusive of bills.

The property is located in a heavily residential area close to Luton Town Centre and Luton and Dunstable Hospital with high demand for residentila and commerical space. In terms of accesabailty and transport links, the property is located near Junction 11 on the M1 and Luton train station.

Contact us at Venture Commercial on 01582 957591 to arrange a viewing.




Tenure  : Freehold

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Location

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