>
1 bed property
Dunstable Road, Luton, Bedfordshire LU1
£395,000
Dunstable Road, Luton, Bedfordshire LU1
£395,000
Price History
Initial price | £495,000 |
09/02/24 | £395,000 |
Price Change | -20.20% |
Description
A rare investment opportunity awaits in the heart of Luton's vibrant Dunstable Road area, with a spacious property available for acquisition or lease. The property boasts a 25-year lease, with the option to purchase the entire building or just the ground-floor takeaway business, including all equipment and a prime location. The current rent is £42,000 per annum, with a deposit of £10,500 required. The property has a gross income exceeding a million, and the price reduction is an attractive £395,000 or £295,000 for the ground-floor takeaway business only. Additional features include a fully equipped restaurant/takeaway, prime location, and a dedicated storage room and cold room for the restaurant.