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Agent's details

Property agent
Chris Richards
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57-59 George Street, Luton, Bedfordshire, LU1

For sale: £495,000.00|2,382 Sq Ft|General Retail, Other, Restaurants/Cafes, Retail, Other Property Types & Opportunities, Licensed & Leisure
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Property details

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FOR SALE£495,000.00
SIZE2,382 Sq Ft
ADDRESS57-59 George Street, Luton, Bedfordshire, LU1
TYPEGeneral Retail, Other, Restaurants/Cafes, Retail, Other Property Types & Opportunities, Licensed & Leisure
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON19th June 2024

Description

This is a highly prominent property, situated at the heart of Luton Town centre. The property is split across ground floor and basement, with the ground floor benefitting from an extensive fit-out by the current tenant who is trading as part of the German Doner Kebab franchise.

The premises is lease to Tas Foods Limited t/a German Doner Kebab on a 15-year lease from 2018. The passing rent is £30,000 per annum exclusive with a rent review due in 2026 followed by a break option in 2028. ( Agency Pilot Software ref: 19778 )
Website for this property

Location

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Location: 57-59 George Street, Luton, Bedfordshire, LU1

Luton (0.2 miles)

Luton Airport Parkway (1.0 miles)

Leagrave (2.6 miles)
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