ADDRESS7a Old Bedford Road, Luton, Bedfordshire, LU2 7PB
TYPEResidential Land, Residential
TENUREFor Sale Freehold
POSTED ON20th August 2024
Description
LOCATION The subject site is located on the corner of Old Bedford Road and Hucklesby Way (A6), having close proximity to Luton town centre and the mainline train station – with direct lines to London King’s Cross in circa 20-30 minutes.
DESCRIPTION The land consists of approximately 3,068 sqft (285 m2). Planning consent was granted in July 2022 (application ref 19/01358/FUL) for the erection of a 7-storey building comprising 16 apartments. The development will include 11x 2-bedroom apartments and 5x 1-bedroom apartments.
TERMS The freehold interest of the consented development land is available for £900,000.
The site is owned in a Limited company. The shares in this company can be purchased which will offer the buyer a financial saving on SDLT.
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.