£300,000

Land for sale

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£300,000

(£75.00/sq. ft)

Land for sale

14-25 Gregories Close, Luton, Bedfordshire LU3

4,000 sq. ft

Local area information

Property location

Nearby amenities

  • Luton 0.3 miles
  • Luton Pentecostal Church Christian Academy 0.4 miles
  • Dallow Primary School 0.4 miles
  • Luton Airport Parkway 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Luton to find out more about the local area.

Features and description

Description

In Gregories Close are 2 apartment buildings. Planning permission has been obtained to construct on each building 2 x 1 bedroom penthouse apartments (4 in total).

To the rear of the site, planning permission was obtained (now lapsed) for the construction of 2 x 2 bedroom apartments. There is an argument that planning permission may be obtained for 2 or 3 town houses. Planning Ref. No. 19/00986/ful.

Finally, the freehold interest is also available in the 2 apartment buildings where the 12 flats, each on 999 year ground leases, each pay £22 per annum ground rent currently, totalling £264 per annum. Our client would be happy to retain this part of the asset if required.

Location

Gregories Close is accessed off New Bedford Road (A6), a short drive from Luton town centre.

Terms

The above in total is available for sale in the sum of £300,000.

Legal Costs

Each party to bear their own legal costs incurred.

VAT

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

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - S.R. Wood & Son Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact S.R. Wood & Son Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Bedfordshire
  4. Luton
  5. Gregories Close