For Sale
On behalf of private client
Pearman Court
40-58 COLLINGDON STREET, LUTON, LU1 1ST
A freehold residential-led Part Built Investment / Development opportunity for sale with planning consent for 103 apartments, and 2 ground floor office units.
Planning permission was originally granted in 2014 (ref: 14/01369) for the erection of a five storey residential development comprising 88 apartments, ground floor office space and undercroft parking. An additional planning consent (ref: 18/01793) was granted in July 2019 for 15 additional residential units forming a sixth storey.
The development will comprise 59 x 1 bedroom, 40 x 2 bedroom, and 4 x 3 bedroom flats arranged over three separate cores from 1st to 6th floors offering a total net saleable area (NSA) of 5,665 sq. m. (60,991 sq. ft.).
Two ground floor office units front Collingdon Street and offer 258 sq.m. (2,777 sq. ft.) of total gross internal area (GIA).
All apartments benefit from private balconies and will share the benefit of undercroft car parking consisting of 35 spaces (on a first come first serve basis).
Located only 750 metres (0.5 miles) from Luton Railway Station.
(Thameslink and East Midlands Railway)
