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Key Features

• Lucrative running Business for sale
• Prime Location
• Town Centre a stones throw
• Opposite Town Hall
• Premium £110,000
• Rent £25,000 + vat

Summary

5 Upper George Street
Luton, LU1 2QX

Town Centre location
Unique Business
Potential for Alternative Use
Small Business
Company for Sale
Open Plan Trading Area
Fully Fitted
Attractive Business
Split-Level Trading Area
Close to Local Amenities
Prime Location
Offers Invited

Lease for sale 12 Years remaining Ends 2036. Renewable thereafter.
Premium/Goodwill: £110,000
Current Rent £25,000 plus vat per annum
Ground and basement use
100-seater
Current income approx £5,000-£7,000 per week
Rent Review: TBC
Building Insurance: £1,200.00 per annum
Business Rates: £500.00 per month

Excellent opportunity to own a two floor 100-seater restaurant in a prominent trading location on a busy road, prime location in Luton. 40 seats upstairs and 60 seats downstairs. Ideal opportunity to purchase this highly popular business.
Solid investment for a new owner. The price includes all stock, fixtures, and fittings. Business includes all the necessary things to run a restaurant.

Additional Information

For further information on this property please call 0208 672 7979 or e-mail tooting@residenzapropertiesltd.com