7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

London Road, Luton
£650,000

Our Summary

  • FOR SALE BY AUCTION ON WEDNESDAY 20TH OF NOVEMBER 2024 AT 1 PMSALE VIA A LIVE-STREAMED AUCTION GUIDE PRICE: £650,000 to £700,000** VIEWINGS BY APPOINTMENT VIA AUCTION HOUSE **An exceptional development opportunity
  • 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)
  • Contact **Auction House Beds and Bucks** for further information

Description

This exceptional development opportunity is a substantial freehold commercial property located in a prime location, offering over 6,500 sq.ft. of versatile floor space. The property, which is being sold via a live-streamed auction, has a guide price of £650,000 to £700,000 and is being sold with vacant possession. The premises feature multiple offices, three large workshops with vehicular access, and a self-contained apartment, providing endless potential for redevelopment or investment. The building is well-suited for conversion into multiple residential apartments, with the possibility of further expansion through a two-storey extension at the rear, subject to local authority planning approval. Alternatively, the workshops and offices could be leased separately to generate additional revenue. The property is presented in good condition, both externally and internally, and is an ideal opportunity for developers, investors, or operational businesses. Early inquiries are highly recommended.
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