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 trade and to reduce the costs for refurbishment. The restaurant had excellent reviews when trading on Tripadvisor, 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.
Location
Occupying an ideal trading position with excellent access to major road and motorway links (A6, A5 & M1 etc.) on the densely populated outskirts of the prosperous Bedfordshire town of Luton.
Accommodation
Approximately 1,657 sq ft
Terms
Uses: A1/A2/A3 with alcohol license to midnight & music licence to 11 p.m
Premium: £99,950 for the benefit of the lease, fixtures & fittings.
Rental: £36,000 per annum including vat.
Terms: 7 years lease remaining
Business Rates: Current business rates are £12,000 per annum. Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council
Opening Hours: Tuesday - Thursday 14:30 p.m to 11:30 p.m - Friday 14;30 p.m to 11:30 p.m - Saturday 14:00 p.m to 11:30 p.m & Sunday Sunday 12:00 noon to 8:30 p.m
Staff: Owner managed with 5 Staff
Turnover: Available on request
Legal Costs: Each party to bare their own legal and professional costs in this transaction
Local Authority: Luton
Energy Performance Certificate: Energy Performance Asset Rating is 60 - C Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file
Covers: 62
Reference Charge: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
Holding Deposit: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
Fixtures & Fittings: Any fixtures, fittings, equipment, machinery and plants 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