Location
The subject site is prominently positioned on the corner of Barton Road (A6) and Wycombe Way towards to north of Luton. The A6 forms a major arterial route between Luton and Bedford.
Description
POSSIBLE USES (STPP)
Public House | Private Residential Redevelopment | Drive-Thru F&B | EV Charging | Fuel Station | Events Venue | Retirement Apartments | Out of Town Retail
The site comprises approximately 1.34 acres | 58,236 sqft | 5,410 m2 and is regular in shape. Upon the site is the now vacant Warden Tavern, formally occupied by Beefeater.
We are of the opinion that subject to planning permission being obtained, the site may be suitable for uses such as: public house, residential redevelopment, drive-thru, EV charging, events venue.
Conversations are underway with a local architect who is preparing block plans for potentially viable schemes.
Terms
We are instructed to market the site for lease, although our clients will give consideration to a sale of the freehold interest.
POA. Rateable Value
The Rateable Value for the subject property is £135,000 (please note this is not rates payable). As with public houses, this RV is based upon turnover this may be suitable for review.
Legal Costs
Each party to bear their own legal and professional costs.
VAT
Unless otherwise stated, all costs are subject to VAT at the appropriate rate, if applicable.