Venture Commercial are pleased to present 11 New Bedford Road, a mixed-use Property ideal for business owner-occupiers or investors. The ground floor comprises a Class E commercial unit, measuring approximately 409 sq ft, with street access and currently operating as a hairdresser`s salon. The unit is achieving an annual rental income of ?16,800.

On the first floor, there are two self-contained studio apartments (Class C3), accessed via a private street-level entrance. The apartments, totalling approximately 406 sq ft, are equipped with central heating and are currently tenanted, generating rental incomes of ?7,920 and ?7,680 per annum, respectively.

The total annual rental income from both the commercial and residential units amounts to ?32,400, making this Property an excellent opportunity for business owners to occupy the commercial space while benefiting from additional rental income, or for investors seeking a mix of commercial and residential assets.

Location

The Property is located in a highly desirable area of Luton, positioned directly opposite the popular Galaxy leisure complex, offering a range of amenities including restaurants, a cinema, gym, and bowling alley. The Property benefits from excellent footfall due to its proximity to both the town centre and the bustling High Street.

The location boasts superb transport links, with Luton Train Station just a short walk away, providing regular services to London St Pancras in under 30 minutes. The Property is also conveniently located near major road networks, including the M1 motorway (Junction 10), providing easy access to London, the Midlands, and beyond.

Local bus services operate frequently, connecting the area to surrounding neighbourhoods and Luton Airport, which is less than a 15-minute drive away, making this an ideal location for both commuters and business owners. The mix of amenities, transport, and road links make 11 New Bedford Road an attractive and strategic location in the heart of Luton.

For more information or to arrange a viewing, please contact Venture Commercial on 01582 957591.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Luton Borough Council, To Be Confirmed

Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No