Summary - 1b High St LU7 1DP
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime town center location, just a 10-minute walk to Leighton Buzzard train station
- Ground floor retail shop with significant foot traffic and visibility
- 999-year leasehold with a peppercorn ground rent
- Potential annual rental value (ERV) of £22,000 with a gross investment yield (GIY) of approximately 9.78%
- One allocated parking space in a secure, gated yard
**Property Overview:**
Located at 1b High Street, Leighton Buzzard, this ground floor retail property boasts an impressive 807 sq ft of space, perfect for a small to medium business seeking a high-street presence. The traditional Victorian façade features large display windows, inviting shoppers to explore. This location is surrounded by well-known establishments such as Post Office, Halifax, and Waitrose, ensuring consistent foot traffic for your venture. With a recent build in 2023 and chain-free sale, this property presents a striking investment opportunity.
However, it’s vital to note that the local area has been classified as deprived, and crime rates are high, which may raise operational considerations for potential tenants. The interior requires some renovation, particularly in maintaining the charming period features, such as the Victorian fireplace and wood paneling, which can be transformed into an inviting retail space reflective of the town's character.
This property is ideal for first-time buyers or investors looking to capitalize on the slight renovation potential and secure a foothold in a bustling town center. Act now to seize this unique opportunity, as properties in strategic locations like this don’t stay on the market for long!
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