Restaurant/cafe to let in Guildford Street, Luton, Bedfordshire LU1

Guildford Street LU1 2NR - Restaurant/Takeaway For Rent/ Function room
• Commercial Restaurant/venue to rent
• Established retail area of Bury Park Luton
• 1 min walks to Luton Mainline Railway
• 1 mile off Junction 10 of M1 Motorway
Rent: £ 20,000pa
Premium: £65,000 (non negotiable)

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

Currently being used as a Romanian restaurant with a large function room for hire on Guildford Street in Luton.

This property has recently been refurbished to a very high standard and can used immediately. The venue is fully furnished with all kitchen appliances, fixtures, and fittings and a fully equipped bar area. 3 Large storgae areas in the back

The venue also has the option of being used as a hospitality venue for hire for wedding and parties. Guildford Street LU1 2NR - Restaurant/Takeaway For Rent/ Function room

.Malero Drinks Display Fridge .Rimini Coffee Machine

.Digital Epos System . Valanti Fryer .6 Hob Blue Steel Gas Burner

.Stainless Steel Work tops .Berto-s Grill . Adexa Microwave

.Morphy Richards Toaster .Stainless Steel Sinks . Enamel Hand Sink

.Multiple shelving options around kitchen and storage rooms .Extractor Fan

.Boiler with Gas Central heating .Drinks Bar . Tables and Chairs

.Extra Chairs and tables for private function room

Maler & Female WC .Large Chiller room

Area size

Restaurant Area m²: 71.586 m²

Kitchen Area m²: 24.362 m²

Function room Area m²: 53.281 m²

Storage Area m²: 4.106 m²

Chiller room m²: 8.169 m²

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

Rental terms

Rent: £20,000pa

Premium: £65,000

Personal Guarantee required

VAT: Applicable

Service Charge: No

Lease term: 7 Years

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

Monthly Gross: £15 to 20k Per month (opening 6 Days pw 3pm – 10pm)

Function room: £3000 inc Staff and food per booking