£255,000

Retail premises for sale

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Freehold

£255,000

(£343.67/sq. ft)

Retail premises for sale

41-45 Chapel Street, Luton LU1

742 sq. ft

Local area information

Property location

Nearby amenities

  • Luton Pentecostal Church Christian Academy 0.3 miles
  • Tennyson Road Primary School 0.4 miles
  • Luton 0.5 miles
  • Luton Airport Parkway 0.9 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

  • Freehold
  • Virtual Freehold
  • Vacant Possession
  • Town Centre Fringe
  • Double Aluminium Shop Front
  • Electric Security Shutters
  • Open Plan
Description

The retail premises forms part of the ground floor of a purpose built apartment block. For many years it has been used as a 'second hand' shop. It would suit a variety of uses under User Class E and has potential to divide into two retail units.

Left hand retail - 444 sqft (41.25 sqm)
Right hand retail - 298 sqft (27.71 sqm) plus kitchen and w/c.

- Shop depth circa 8m.
- 2.25m ceiling height
- Solid floor
- Electric heating
- Electric security shutters
- Double aluminium shop front
- Single phase electric
- Disabled w/c

Location

Luton is one of the largest towns in the UK without city status. The town benefits from exceptional connectivity via the A505, A6 and M1 (J10, J11 & J11A). Three train stations offer high speed services to London St Pancras. There is an international airport on the cusp of a major expansion.

Chapel Street is located within Luton town centre, within walking distance of George Street, Luton Point (shopping mall) and the University of Bedfordshire.

Terms

We are advised the property is held on a 999 year ground lease with peppercorn ground rental. The ground lease interest, with vacant possession, is available for £255,000.

VAT

We are verbally advised by our client that VAT is not applicable.

Rateable Value

The Rateable Value as of April 2026 is £17,500 (please note this is not rates payable).

Legal Fees

Each party is to bear its own professional fees incurred.

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. Chapel Street