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The Stack, 33 Upper George Street, Luton

Student Accommodation Ground Rent Investment


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Type: residential

Floor Area (FT2): 10,800

Tenure: For Sale

Floor Area (M2):

Price: Offers in excess of £1,135,000


Ken Morgan – agent
  • Ken Morgan
Phone Number:
020 7079 1953
  • Secure log let commercial ground rent investment.
  • Student accommodation building of 10,800 sq ft GIA comprising 40 studio rooms over four floors with ground floor restaurant.
  • Central location in the busy south east town of Luton, home to the University of Bedfordshire.
  • Let to Upper George Street Investments Limited for a further 118 years at a current ground rent of £53,890pa, subject to review in April 2027 and five yearly thereafter to RPI (Collard at 1% and 4%).

A five-storey student accommodation building. Originally an office, the building was concerted in 2015/16 to provide 40 studio rooms over first to fourth floors, with a ground floor restaurant.

Access to the building is via a short path from Upper George Street into a ground floor reception and lobby area. Stairs and a single lift serve all floors. The upper floors are identical in layout with seven ensuite studio room incorporating a small kitchenette, and three studio rooms sharing a bathroom and kitchen. Laundry facilities are provided on each floor.

The ground floor is used as a restaurant with terrace to the front.

Externally a small rear yard is accessed from the lobby of the student accommodation and is utilised for bike storage.

Please download the PDF for further information.

The property has an EPC rating of D. A copy of the EPC Report is available on request.