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47 Wellington St

678 SF Retail Building Luton LU1 2QH $697,085 ($1,028/SF)

Investment Highlights

  • Prominent Location
  • High Footfall
  • Great Transport Links

Executive Summary

Exceptional opportunity to acquire a versatile mixed-use property located in the highly sought-after area of Wellington Street, Luton. This remarkable property comprises a retail unit with A1/A2 usage and two residential flats, offering an ideal investment for both commercial and residential purposes.
Retail Unit: 678 sq. ft of prime retail space suitable for A1/A2 usage, providing ample room for a variety of business operations.
The retail unit is currently leased, with the lease expiring on November 1, 2024. The owner is flexible and willing to sell the property vacant, provided a non-refundable deposit is made to secure the premises off the market.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
678 SF
Building Class
B
Year Built
1922
Price
$697,085
Price Per SF
$1,028
Tenancy
Single
Building Height
3 Stories
Frontage
17 FT on Wellington Street

Amenities

  • Security System
  • Storage Space

Nearby Major Retailers

Costcutter
Metro Bank
Peri Peri Original
Iceland
HSBC
eurochange
YMCA
National Westminster Bank Plc
Sam's Chicken
The Gym
  • Listing ID: 32245517

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 47 Wellington St, Luton LU1 2QH

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