Guild House, 28 Guildford Street, Luton, Bedfordshire, LU1 2NR
LARGE LEASEHOLD LICENCED HMO IN TOWN CENTRE LOCATION
Wednesday, 17th February 2021 12:00pm
Luton is about 30 miles north of London, easily reached from the M1 and well known for its airport & university. A large terraced property on 4 main floors (accessed via the adjoining shared tunnel driveway) close to Cheapside. The town centre with its major shops is a few minutes’ walk away as is the mainline station.
99 years from 18.01.2013. Approx 91 years unexpired.
Current rent is £24,864.50 p.a. from 2019 with specified stepped 3 year increases.
Tenant's break in 17 years.
EQUIVALENT TO £50,700 P.A. WITH VACANT ROOMS & SEE LEASE DETAILS
HMO licence GRANTED 22.06.2018 for 5 years for 12 Households & 12 Occupants.
Seller has we understand applied to the Council to increase this limit.
Various entries on Register - No 28 is 'C'
1. Auction Surveyor: Ian Mann
Contact: 020 8509 4407
2. The occupancy and rents can obviously slightly change at any time.
The buyer has to take the property subject to the occupancies at completion.
All accommodation/tenancy details provided by seller.
The property is in a conservation area.
|Unit||Accommodation||Tenancy||Rent pcm||EPC Rating|
|Top/Loft Floor||Studio room, kitchen, shower/WC||Monthly agreement||£700|
|First Floor||Kitchen, bathroom/WC, shower/WC||Communal areas|
|First Floor||5 rooms - 3 doubles and 2 singles||2 let and 3 vacant||£800 in total|
|Ground Floor||4 rooms - 1 double & 3 singles||Let on ASTs & monthly agreements||£1,600|
|Ground Floor||Reception/office with WC, utility room|
|Basement||Double room with WC||AST||£550|
|Basement||Double room, shower/WC, small outside terrace||AST||£575|
|Basement||Kitchen/recreation, bathroom/WC, store||Communal|