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£975,000
Bathrooms
For Sale 975,000
Freehold Mixed Use Investment with Established Post Office Business
293 Dunstable Road, Luton, LU4 8BT
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Key Features
Freehold mixed use property with a long established post office business
Prominent location on busy Dunstable Road, Luton (LU3)
Thriving, profitable business with loyal customer base
Spacious residential accommodation across two floors
Double garage and gated rear courtyard
Customer parking to the front of the premises
Total internal area: approx. 150.39 sqm / 1,618 sq ft
Ideal for owneroccupiers, investors, or developers
Price includes business premium and freehold title
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Property Description
An exciting opportunity to purchase a wellmaintained freehold property with an established and successful Post Office business in a high-footfall area of Luton. The property is ideally located on Dunstable Road one of the towns busiest commercial and residential corridors and benefits from excellent visibility and easy access.
The ground floor includes a large retail area currently trading as Beech Hill Post Office, along with a kitchen and living room to the rear. Upstairs, there is a well-proportioned four-bedroom residential accommodation, perfect for owner-occupiers or as additional rental income.
Outside, the property benefits from off-street customer parking to the front, a gated courtyard to the rear, and a double garage ideal for storage, stock, or additional workspace.
This is a rare chance to acquire a highly regarded local business along with full ownership of the premises perfect for someone looking to invest in a turnkey operation with both commercial and residential appeal.
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Accommodation Summary (approx. sizes):
Ground Floor:
Sales Area: 75.75 sqm / 815 sq ft
Living Room: 12.92 sqm / 139 sq ft
Kitchen: 10.27 sqm / 111 sq ft
First Floor:
Front Bedroom: 18.78 sqm / 202 sq ft
Middle Bedroom 1: 11.56 sqm / 124 sq ft
Middle Bedroom 2: 10.14 sqm / 109 sq ft
Rear Bedroom: 10.97 sqm / 118 sq ft
Total Area: 150.39 sqm / 1,618 sq ft
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, Additional Details:
Tenure: Freehold
Business: Included (Post Office with high turnover and consistent trade)
EPC Rating: Available on request
Viewing: Strictly by appointment
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Enquire Now
Contact:
Sabbi Bains 07894 414046
Sam Bains 07850 520642
Dont miss this exceptional opportunity to own a valuable asset with immediate income potential in a prime Luton location.
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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