For Sale By Auction | 08:45, 12 March 2024 | Lot 19

35 George Street, Luton, Bedfordshire, LU1 2AQ

Sold £381,000

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/03/2024

Auction Time

08:45

Auction Venue

Live Stream

A Commercial Investment Let to Coral Producing £42,000 Per Annum

The property comprises a mid terrace building arranged to provide a ground floor shop with first floor ancillary accommodation.

Tenure

Freehold

Location

The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include Primark, Santander and Subway. The open spaces of Brantwood Park are within easy reach. Transport links are provided by Luton rail station.

Accommodation

Ground Floor Retail Area First Floor Ancillary Space

Tenancy

The property is subject to a lease to Coral at a rent of £42,000 per annum.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.