• Luton is a thriving retail, residential and commercial centre, located approximately 32 miles north of Central London.
• The site benefits from detailed planning permission, subject to a S106 agreement, for the erection of a new residential block (up to 6 storeys) comprising 105 private apartments, 6 ground floor commercial units and 47 under croft car parking spaces.
• The property will be sold with vacant possession.
• Opportunity to improve the existing planning permission by changing the use of the commercial element to residential, subject to planning.
• The vendor is seeking oﬀers in excess of £8,500,000 (Eight Million and Five Hundred Thousand Pounds) subject to contract, for the benefit of their freehold interest.
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