Investment for sale

183 - 185 Marsh Road, Luton, Bedfordshire, LU3 2QG
Contact Agent
Call Agent 01582 957591
Marketed by
Stimpsons Eves Luton
9 Compton Ave, Luton LU4 9AX
Properties for sale Properties to let
Under Offer
Guide Price
£1,000,000
183 - 185 Marsh Road, Luton, Bedfordshire, LU3 2QG

4098 sq. ft (380.72 m²)

Contact Agent Call Agent 01582 957591

Key features

  • Prominent roadside position
  • Strong frontage and visibility
  • Mixed-use accommodation
  • Income producing
  • Freehold investment opportunity

Description

A prominent and fully let commercial investment property arranged over multiple floors, occupying a highly visible position on Marsh Road within an established commercial location. The Property generates a total passing rent of £78,425 per annum from a diverse mix of retail and office occupiers, offering a strong and secure income-producing investment with future asset management potential through the forthcoming rent review of Unit 2.
Current Rental Income:
Retail Unit 1 - £17,825 per annum
Retail Unit 2 - £16,800 per annum (currently under review)
Connells - £27,800 per annum plus £2,000 per annum for two parking spaces
Top Floor Accommodation - £14,000 per annum
Reference: 1748_sales
All commercial properties for sale in Luton
Marketed by
Stimpsons Eves Luton
9 Compton Ave, Luton LU4 9AX
Properties for sale Properties to let

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