48 Alma Street, Luton, Bedfordshire LU1 2PL

  • Town Centre Investment Property For Sale £305,000
48 Alma Street, Luton, UK

48 Alma Street, Luton, Bedfordshire LU1 2PL

48 Alma Street, Luton, UK
  • Town Centre Investment Property For Sale £305,000
500 SqFt (46.5 m2)

Property Info


The end of terrace property is located on Alma Street, within Luton town centre. The surrounding area consists of a mixture of residential and commercial premises. Furthermore, the below are within proximity. •Luton Mainline Train Station = 9 minute walk •Bedfordshire University = 14 minute walk •London Luton Airport = 13 minute drive •Luton & Dunstable Hospital = 15 minute drive


This mixed-use property is of brick construction with a pitched tiled roof and there is a single storey extension to the rear. The ground floor is formed of commercial accommodation, currently let to a food and beverage occupier. There is a sales/seating area to the front, with a commercial kitchen to the rear. The upper two floors form residential accommodation and are let to a separate tenant.

The property is fully let and therefore income producing. The passing rents are as follows:
•Commercial = £8,496 per annum exclusive
•Residential = £10,800 per annum
•Total Income = £19,296 per annum


The property is available to purchase upon a freehold basis for £305,000. The sale of the property is subject to both the commercial and residential tenancies.

Rateable Value

The Rateable Value of this property is £5,400 (please note that this is not the rate to pay)

Legal Costs

Each party to bear their own legal costs incurred.


Plus V.A.T. at the appropriate rate if applicable.

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Jacob Wood
  • Jacob Wood