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Midland Road, Luton, LU2 0HS

525 Sq Ft / Retail / Retail - out of town

Let - Last updated: 14 February 2018

London Properties are pleased to offer to the market this Peri Peri Grill House & Southern Fried Chicken shop located on the Midland Road near the Luton Station rear exit with great footfall from the train station & High Town area in Luton within walking distance to the town centre. This very well established concern currently primarily offers a full and varied takeaway menu of classic fried chicken & peri peri  meals, and burgers. Would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to a degree of menu expansion. The main public area also features a prominent, fully fitted food serve-over counters with full complement of heated and refrigerated food and drink display facilities, a fully equipped washing-up kitchen area and a full range of well maintained, industry standard stainless-steel catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties. Internal viewings are highly recommended through London Properties by appointment only

Location

The premises are prominently located on the Midland Road near the Luton Station rear exit with great footfall from the train station & High Town area in Luton within walking distance to the town centre.n walking distance to the town centre. This very well established concern currently primarily offers a full and varied takeaway menu of classic fried chicken & peri peri  meals, and burgers. Would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to a degree of menu expansion. The main public area also features a prominent, fully fitted food serve-over counters with full complement of heated and refrigerated food and drink display facilities, a fully equipped washing-up kitchen area and a full range of well maintained, industry standard stainless-steel catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties. Internal viewings are highly recommended through London Properties by appointment only

Terms

£140,000 for the benefit of the lease, fixture & fittingsfrom the train station & High Town area in Luton within walking distance to the town centre.n walking distance to the town centre. This very well established concern currently primarily offers a full and varied takeaway menu of classic fried chicken & peri peri  meals, and burgers. Would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to a degree of menu expansion. The main public area also features a prominent, fully fitted food serve-over counters with full complement of heated and refrigerated food and drink display facilities, a fully equipped washing-up kitchen area and a full range of well maintained, industry standard stainless-steel catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties. Internal viewings are highly recommended through London Properties by appointment only

Specification

DESCRIPTION:

 

This very well established concern currently primarily offers a full and varied takeaway menu of classic fried chicken & peri peri and burgers. Would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to a degree of menu expansion. The main public area also features a prominent, fully fitted food serve-over counters with full complement of heated and refrigerated food and drink display facilities, a fully equipped washing-up kitchen area and a full range of well maintained, industry standard stainless-steel catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties.

 

 

 

USES:

 

A3

 

 

 

PREMIUM:

 

£140,000 for the benefit of the lease, fixture & fittings

 

 

 

RENTAL:

 

£12,000 per annum

 

 

 

TERMS:

 

New Lease

 

 

 

BUSINESS RATES:

 

Interested parties are advised to make their own enquiries to the local authority.

 

 

 

SIZE:

 

Approximately 525 sq ft

 

 

 

OPENING HOURS:

 

Monday - Sunday 11 a.m till 11 p.m

 

 

 

STAFF:

 

Owner managed with 2 staff

 

 

 

TURNOVER:

 

Current turnover in excess of £234,000 per annum

 

 

 

LEGAL COST:

 

To be confirmed

 

 

 

LOCAL AUTHORITY:

 

Luton

 

 

 

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

 

 

 

FIXTURE & 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.

 

 

 

AGENT NOTE:

 

London Properties for themselves for 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 London Properties.  

 

4. All rent prices, fees and charges are quoted exclusive of VAT

 

 

 

 

VIEWINGS:

 

Through London Properties by appointment only

 

 

 

MAILING LIST:

 

We at the London Properties Sales Team hope to be in regular contact with you to assist in your search for a suitable property. To keep our records up to date we request that you keep us informed as to the progress of your search so as to avoid any unnecessary inconvenience. Thank you for your assistance in this matter.

 

 

 

DETAILS BY E-:

 

We can send full colour sales particulars by e-mail. If you would like to receive details via this medium, please either telephone us with your e-mail address or send an e-mail to the sales team at: info@london-properties.co.uk

 

 

 

VALUATIONS &

MARKETING ADVICE:

 

We at London Properties would like to assist you with the sale of your property? Just contact the sales team and we will be pleased to offer you a free valuation and market appraisal, a service that we provide with obligation. Competitive fees are available for both sole and multiple agency instructions. Please contact the sales team on:

020 8861 4615

 

MORTGAGES: We can offer help and advice in arranging your mortgage.

Written quotations are available on request. Please contact this office.

 

REMEMBER: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP WITH

REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT.


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