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5 Upper George St 1,550 sq ft of Retail Space Available in Luton LU1 2QX
HIGHLIGHTS
- Subject property situated on Upper George Street
- Area is well connected with frequent bus routes
- Luton Train Station closest station to the subject property
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| Ground | 1,550 sq ft | Negotiable | £16.13 /sq ft pa £1.34 /sq ft pcm £25,000 pa £2,083 pcm | TBD |
Ground
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.
- Use Class: E
- Fully Fit-Out as a Restaurant or Café Space
- Located in-line with other retail
- Kitchen
- Exclusive WC facilities
- WC and staff facilities
- Seating area
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 1,550 sq ft | Net Internal Area (NIA) | 1,550 sq ft |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Shopfront Retail / Residential |
| Total Space Available | 1,550 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Net Internal Area (NIA) | 1,550 sq ft |
| Year Built | 1970 |
ABOUT THE PROPERTY
The property is well situated on Upper George Street and in line with other retailers.
NEARBY MAJOR RETAILERS
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5 Upper George St
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