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The Parade, 7A Hancock Drive, Luton LU2 7SF – Luton

sold

Leisure property for sale

£99,950 1,657 sq ft

Warren Anthony
Status
Sold
Full address
Luton LU2 7SF – Luton
Property type
Leisure property for sale
Asking price
£99,950
Features
Cafe, Refurbished, Restaurant
Size
1,657 sq ft

The restaurant is located in a residential area, s
• The restaurant has been recently refurbished to th
• Use A3 (Restaurant/Cafe) with an alcohol licence w
Warren Anthony Commercial are delighted to bring to the market this indo-Italian restaurant for sale and occupying an ideal trading location to include excellent access to both major road and motorway links (A6, A5 and M1 etc.) on the densely populated outskirts of the prosperous Bedfordshire town of Luton. The restaurant is located in a residential area, serving a wealthy population of customers. The restaurant has been recently refurbished to the highest standards, allowing an immediate and to reduce the costs for refurbishment. The restaurant had we understand excellent reviews when trading on Trip Adviser and is a favourite not only to the local residents but also for the clients coming from the nearby areas and willing to enjoy a distinguished indo-Italian restaurant. Use A3 (Restaurant/Cafe) with an alcohol licence we understand to midnight and music licence to 11 pm. Premium £99,950 subject to contract for the benefit of the lease, fixtures and fittings. Rental £36,000 per annum exclusive but inclusive of VAT. Lease with 7 years approx remaining. Business rates with the current rates payable we believe to be £12,000 per annum. However, it is recommended that all interested parties make their own enquiries to the local rating department at Luton Borough Council. Size 1,657 sq ft approx. Opening hours Tuesday - Thursday 2.30 pm to 11.30 pm. Friday 2.30 pm to 11.30 pm. Saturday 2 pm to 11.30 pm and Sunday 12 pm noon to 8.30 pm. Staff owner managed with 5 staff. Turnover available on request. Legal costs with each party to be responsible for the payment of their own legal and professional costs incurred in this transaction. Local authority Luton. Energy performance certificate with an energy performance asset rating of 60 - C with a copy of this property's energy performance certificate it can be viewed at www.london-properties.co.uk as a pdf file. Covers 62 approx. Warren Anthony will charge a fee of £250 plus VAT for taking up references for any proposed tenant. This fee is non refundable after the references have been applied for whether they are accepted or not by the landlord. A holding deposit will be required to secure the property. The deposit will buy a period of exclusivity and will be held in the Warren Anthony client account. Any fixtures, fittings, equipment, machinery and plant which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition. Warren Anthony for themselves for the Lessors, Vendors and their agents give notice that, 1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 2. These details do not constitute any part of an offer or contract. 3. All statements or details contained within these particulars are without any responsibility on any part to Warren Anthony. 4. All rent, prices, fees and charges are quoted exclusive of VAT. Viewing through Warren Anthony Commercial by prior appointment only.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Warren Anthony. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Warren Anthony for full details and further information.