For Sale By Auction | 9:30, 12 February 2025

Albion Chambers, 1a-3 High Street, Leighton Buzzard, Central Bedfordshire, LU7 1DN

*Guide | £685,000+ (plus fees)

  • Block of Apartments
  • 7 Bedrooms

Call the team on 020 7625 9007 for more information

Auction Date

Wed 12/02/2025

Auction Time

9:30

Auction Venue

Live Stream

A Freehold Mid Terrace Building Arranged to Provide Vacant First and Second Floors With Works Near Completion Under Permitted Development For the Conversion to Six Flats (1 x Two Bedroom, 5 x One Bedroom). The Three Ground Floor Shops are All Sold Off on Long Leases.

The property comprises a mid terrace building arranged to provide three ground floor shops and first and second floors to be arranged as six flats.

Location

The property is situated on a mixed use parade close to local shops and amenities. Nearby multiples include Argos, Waitrose and Post Office. The open spaces of Parson's Close Recreation Ground are within easy reach. Transport links are provided by Leighton Buzzard rail station.

Exterior

The property benefits from four allocated parking spaces.

Planning

Central Bedfordshire Borough Council granted the following planning permission (ref: CB/22/07339) on 24th June 2022: 'Prior Approval for change of use - commercial/business/service to dwellinghouse: for the change of use of Class E space (former Class B1(a)) to form 6 apartments'. Works have commenced and are near completion.

Proposed Accommodation

Ground Floor Three Shops (All Sold Off on Long Leases) First Floor Four Flats (3 x One Bedroom, 1x Two Bedroom) Second Floor Two Flats (2 x One Bedroom)

Tenancy

The three ground floor shops are all sold off on 999 year leases.

The vendor has advised that there is further development potential in the loft space subject to obtaining all relevant consents.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.