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The Great Northern, 63 Bute Street, Luton, Bedfordshire, LU1
Other, Investment
876 Sq Ft (81.38 Sq M)
£500,000 For the freehold
Description
- A five-storey building including basement level comprising ground floor retail with substantial residential upper parts
- The property was originally constructed as a Free House and remains as such
- The commercial parts benefit from a bar/seating area, W/Cs, external seating area
- Cellar with trap door delivery access
- The upper parts are currently sub-let out as a HMO and comprise four double bedrooms each with their own shower (two with their own W/C), shared W/C, and communal kitchen
Location
- Located within the Hat District at the heart of Luton's cultural quarter
- The property has access to excellent public transport links with Luton's mainline station directly opposite offering access to London in 22 minutes as well as the North and the Midlands
- Silver Street Bus Station offers a local service which is conveniently situated 200m from the property
- In close proximity to the new Power Court Stadium
More Information
Terms
To be sold as an investment at a freehold price of £500,000 exclusive.
Business Rates
We understand from our enquiries that the rateable value for the year 2024/25 is £12,250 per annum. For the rates payable please contact us or www.voa.gov.uk