Shop Below, Flat Above – A Mixed-Use Investment in Luton LU4

Details

A rare opportunity to acquire a mixed-use freehold property with both commercial and residential accommodation in Luton, LU4 8AQ. The property combines an established ground-floor business with a separate one-bedroom flat above, creating an attractive investment proposition.

The ground floor is currently operating as a butcher shop. The commercial space includes a spacious retail area, cold room and separate WC. There is also access to a standard-sized rear garden.

Upstairs, the one-bedroom flat provides a master bedroom, reception room and fully fitted kitchen. The bathroom comes with a fitted bathtub, while central heating adds comfort to the accommodation.

The property currently generates £1,400 per month from the shop and £950 per month from the flat. This gives a combined rental income of £2,350 PCM, or approximately £28,200 per year.

As a freehold property, it offers ownership of both the commercial and residential elements. The location also provides convenient access to shops, transport links and major road connections.

✨ Property Features

🏢 Mixed-use freehold property
🏪 Ground-floor commercial unit
🥩 Currently operating as a butcher shop
🛍️ Spacious retail area
❄️ Cold room
🚻 Separate WC
🌳 Rear garden access
🏠 First-floor one-bedroom flat
🛏️ Master bedroom
🛋️ Reception room
🍳 Fully fitted kitchen
🛁 Bathroom with fitted bathtub
🔥 Central heating
💷 £2,350 PCM combined rental income
📈 Approx. £28,200 annual rental income

📍 Nearby Amenities

🛍️ Sainsbury’s – Dunstable Road
🛒 Tesco Express – Dunstable Road
🛒 Lidl – Francis Street
🚌 Birch Link Bus Stop – nearby
🚆 Luton Railway Station – nearby
🛣️ M1 Motorway – convenient access from the area

💷 Price

💰 Asking Price: £350,000

📞 Contact Aura Estates today on 01582 211424 to arrange a viewing.