Restaurant/cafe to let in Hightown Road, Luton, Bedfordshire LU2

Commercial Retail Unit Rent: £800.00pcm
• Established retail area of Luton, Beds Premium: £50,000.00 negotiable
• 1 min walk to Luton Mainline Railway
• 1 mile off Junction 10 of M1 Motorway Area m2/unit: 22m2
• Class A3 & A5 Usage

Location

Luton is a vibrant market town with a population of over 200,000 residents and businesses and is situated approximately a 1hour drive to London or a 30-minute train ride from Luton to St Pancras International Station.

Luton is conveniently accessed via junction 10 and 11 off the M1 motorway making it easy to get to access Luton. Luton is home to League One team Luton Town Football Club and London Luton Airport, is one of England-s major airports

DESCRIPTION_______________________________________

This is a great opportunity to rent a shop spaces in Hightown Road.

This unit has recently been refurbished as a chicken and chip shop, however with the A3 and A5 licences, they can be used for a variety of purposes such as an off licence, convenience store, food premises, dessert Shop and so on.

This property is fully furnished with all kitchen appliances, fixtures, and fittings & WC.

The business is also with Uber Eats, Deliveroo, Just eat, Order to eat and Luton Eats.

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Area size

Total Area m2/unit: 22m2

Unit 1: 22m2

Areas quoted are approximate and should not be held as 100% accurate.

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Rental terms

Rent: £800.00pcm Inc Insurance

Premium: £50,000.00 negotiable

VAT: Applicable

Service Charge: No

Lease:Existing tenant will surrender current lease, and its provisions will remain in effect.

New lease will be for 17 years

You will need to cover all Legal fees including the exiting tenant and landlord fees – £tbc

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Business rates

Rateable value: £6000.00

Base Rate: £260.00

The current multiplier for 2022/2023 49.9p payable. Interested parties are advised to contact Luton Borough Council