Industrial for sale in Telmere Industrial Estate, Albert Road, Luton LU1

Venture Commercial would like to introduce you to this modern two – storey commercial industrial and office building with Class B1(a), B8 and Class E use located in Luton, Bedfordshire. It has been occupied for approximately 30 years by a specialist lighting and heating solutions company however, the virtual Freehold is to be sold with vacant possession.

The property is a contemporary warehouse and storage unit with offices and storage facilities to the ground floor with further office space and ancillary storage space to the first-floor. The ground floor measures approximately 2,487 sq ft and comprises of a corridor to reception area, storage and warehouse, boardroom, multiple offices, WC and kitchen facilities. Upon entrance you will find a stairway leading to the first- floor mezzanine which measures approximately 1,463 sq ft and comprises of an additional six offices used by the company for further office and storage space.

The unit also benefits from the use of four parking spaces, 3 phases electric loading/roller shutter door that is accessible from the front of the building and the installation of ac throughout.

The property is located on a secure, gated estate and is ideal and for any company that requires flexible space for the use of both offices, storage and distribution. Benefitting from Class B1(a), B8 and Class E use allows for a multitude of uses which makes it a perfect base for an owner / occupier. The most exciting aspect of this sale is that the premise is being sold with planning permission for the erection of a two/three storey building to create six terraced live/work town studios/houses (sui generis) after demolition of existing two storey commercial building. (reference: 22/00310/ful on Luton Borough Council planning).

The future development potential of the site, coupled with its current use as a storage and distribution facility and head office space for a small to medium size company makes this a prime opportunity not to be missed.