Restaurant/cafe for sale in Upper George Street, Luton LU1
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Property description
Key Features:
Two Levels: Basement and ground floor, providing flexibility and space for diverse business operations.
Seating Capacity: Accommodates up to 100 people comfortably, ideal for high-traffic businesses.
High Profit Potential: The property offers a lucrative opportunity, with an expected profit margin ranging from 13% to 20%.
Located in a thriving commercial area, this property promises significant foot traffic and visibility, ensuring strong business potential. Whether you're looking to start a new venture or expand an existing one, this property presents an outstanding opportunity.
Don't miss out on this prime rental space that combines location, versatility, and profit potential.
The lease term remains 2 years and can be renewed.
Annual Rent is £30,000pa inclusive of vat.
Building insurance payable around £1200pa.
Business rates payable are around £330 per month.
Contact us today to schedule a viewing and explore how this property can meet your business needs.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
KBD Lettings Ltd, LE10 on +44 1455 364357 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by KBD Lettings Ltd, and do not constitute property particulars. Please contact KBD Lettings Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.