Industrial for sale in Telmere Industrial Estate, Albert Road, Luton LU1, £500,000

500,000.00

Offer Nr.:
65891558
Type of ad:
for Sale
Property type:
Industrial
Contact name:
Venture Commercial
Phone(s):
01582 955311

* Freehold
Venture Commercial would like to introduce you to this modern two – storey
commercial industrial and office building with Class B1(a), B8 and Class E use
located in Luton, Bedfordshire. It has been occupied for approximately 30
years by a specialist lighting and heating solutions company however, the
virtual Freehold is to be sold with vacant possession.
The property is a contemporary warehouse and storage unit with offices and
storage facilities to the ground floor with further office space and ancillary
storage space to the first - floor. The ground floor measures approximately
2, 487 sq ft and comprises of a corridor to reception area, storage and
warehouse, boardroom, multiple offices, WC and kitchen facilities. Upon
entrance you will find a stairway leading to the first - floor mezzanine which
measures approximately 1, 463 sq ft and comprises of an additional six offices
used by the company for further office and storage space.
The unit also benefits from the use of four parking spaces, 3 phases electric
loading/roller shutter door that is accessible from the front of the building
and the installation of ac throughout.
The property is located on a secure, gated estate and is ideal and for any
company that requires flexible space for the use of both offices, storage and
distribution. Benefitting from Class B1(a), B8 and Class E use allows for a
multitude of uses which makes it a perfect base for an owner / occupier. The
most exciting aspect of this sale is that the premise is being sold with
planning permission for the erection of a two/three storey building to create
six terraced live/work town studios/houses (sui generis) after demolition of
existing two storey commercial building. (reference: 22/00310/ful on Luton
Borough Council planning).
The future development potential of the site, coupled with its current use as
a storage and distribution facility and head office space for a small to
medium size company makes this a prime opportunity not to be missed.

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