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DESSERT SHOP UP FOR GRABS- PRIME LOCATION LUTON- LUCRATIVE BUSINESS-£160,000 PREMIUM

For sale: POA|To rent: ROA|201 Sq M|General Retail, Retail - High Street, Retail - Out of Town, Leisure Property, Hotels, Pubs/Bars/Clubs, Restaurant/Cafes, Other, Retail, Licensed & Leisure, Other Property Types & Opportunities

Property details

FOR SALEPOA
TO RENTROA
SIZE201 Sq M
ADDRESSUpper George Street, Luton, LU1 2QX
TYPEGeneral Retail, Retail - High Street, Retail - Out of Town, Leisure Property, Hotels, Pubs/Bars/Clubs, Restaurant/Cafes, Other, Retail, Licensed & Leisure, Other Property Types & Opportunities
TENUREAssignment, Business for sale
POSTED ON11th September 2024

Description

Upper George Street
Luton
LU1 2QX

Lease for sale – 2 Years remaining – New lease will be considered
Premium/Goodwill: £160,000.00
Current Lease:
Current Rent £25,000 + vat per annum
Ground and basement use
100-seater
Current income £5,000-£7,000 per week
Rent Review: Next 2026
Building Insurance: £1,200.00 per annum
Profit Margin: 15-20% on sales
Business Rates: £330.00 per month

Location

marker
Location: Upper George Street, Luton, LU1 2QX

Luton (0.2 miles)

Luton Airport Parkway (1.1 miles)

Leagrave (2.5 miles)

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