Property for Auction in Bedfordshire and Buckinghamshire - 1 London Road, Luton, Bedfordshire

A 6500 sq ft commercial premises, with potential for conversion into multiple residential units, situated in a prime location, within close reach of train station, M1 motorway and Luton Airport. Features multiple offices, kitchen/wc facilities, three large workshops and a self contained one bedroom apartment/unit. Offered with vacant possession. An exceptional development opportunity. This substantial freehold commercial property, located in a prime location, offers over 6,500 sq.ft. of versatile floor space. The premises will be offered with vacant possession having recently been let for £48,000 p.a. and includes multiple offices, three large workshops with vehicular access, and a self-contained apartment, providing endless potential for redevelopment or investment. The building is ideally suited for conversion into multiple residential apartments within the existing footprint, with the possibility of further expansion through a two-storey extension at the rear (subject to local authority planning approval). There is precedent for similar developments in the immediate vicinity, with recent approvals for comparable schemes. In its current form, the property is well-suited for an operational business, featuring ready-to-use workshops and office spaces. Alternatively, the workshops and offices could be leased separately to generate additional revenue. The building is presented in good condition both externally and internally, with the office spaces, kitchen, and WC facilities tastefully decorated and ready for immediate use. This is a rare and valuable opportunity. Early inquiries are highly recommended. Contact Auction House Beds and Bucks for further information. Tenure Freehold ACCOMODATION Consists of:

LOWER GROUND FLOOR One bedroom self contained apartment with open plan kitchen/living room, bedroom and shower room.

GROUND FLOOR With five separate office rooms, kitchen and 2x WC's.

WORKSHOPS Three workshops with access with the rear, two will electric roller shutters and vehicle access

FIRST FLOOR With for separate office rooms, kitchen and 2x WC's

TOP FLOOR With a loft store room

OUTSIDE Large corner plot frontage laid to lawn Local Authority Luton Borough Council Solicitors Taylor Rose, Ref: William Michael, Tel: 02035518168 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 Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £4,800 (£4,000 plus VAT) Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT). Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.