Key Details

Property Description

Venture Commercial presents 11 New Bedford Road, a versatile property suitable for both business owner-occupiers and investors. The ground floor features a Class E commercial unit measuring around 409 sq ft, currently operating as a hairdresser's salon with street access and generating an annual rental income of £16,800. Upstairs, there are two self-contained studio apartments (Class C3) with a private street-level entrance. These apartments, totaling approximately 406 sq ft, come equipped with central heating and are currently rented out, bringing in annual incomes of £7,920 and £7,680 respectively. In total, the annual rental income from both the commercial and residential units is £32,400, presenting a great opportunity for business owners looking to utilise the commercial space while earning extra rental income, or for investors seeking a mix of commercial and residential assets. Located in a sought-after area of Luton, directly opposite the Galaxy leisure complex, the Property offers easy access to a variety of amenities including restaurants, a cinema, gym, and bowling alley. With its proximity to the town centre and High Street, the Property benefits from good footfall. Excellent transport links are also a highlight, with Luton Train Station just a short walk away providing quick services to London St Pancras in under 30 minutes. Easy access to major road networks such as the M1 motorway (Junction 10) makes reaching London, the Midlands, and beyond convenient. Local bus services offer frequent connections to surrounding areas and Luton Airport, less than a 15-minute drive away, catering to commuters and business owners alike. With a mix of amenities and strategic location, 11 New Bedford Road is an attractive choice in the heart of Luton. For further details or to schedule a viewing, feel free to get in touch with Venture Commercial on 01582 957591.

• Location