Ultimate Connexions - Ref: 1012

Property Information

Ref ID: 1012

Date available: 20-Dec-2023

Property type: Commercial (Other)

EPC: click here

 

Details

Incredible Business Opportunity in the Heart of Bury Park, Luton!

Ultimate Connexions is delighted to unveil a rare investment gem nestled in the vibrant Dunstable Road area of Luton. We present a spacious property with a 25-year lease, now available for acquisition at the attractive price reduction of£395,000.00. We are open to offers or lease just the ground floor takeawaybusiness, including all the latest equipment for a mere £295,000.00With an excellent gross income surpassing a Million, this is your golden ticket to prosperity!

* Pricing Details:

- Current rent: £42,000 per annum
- Deposit 3 months rent: £10,500.00
- OPTION 1: Premium: £395,000.00 (includes running business, all equipment, client base, and leasing the entire building)
- OPTION 2: Premium: £295,000.00 (includes running business PeriPeri, all equipment and client base)
- Lease term: 25 years remaining or a 15-year lease for the ground-floor takeaway
- Business Rates, Gas, Electric, Water, and Services: To be confirmed

½, Key Features:

Fully Equipped Restaurant/Takeaway (Ground Floor):

- Prime location with large windows and electric shutters.
- Cash machine installed for convenience.
- Generous waiting area with a well-designed counter.
- Fully equipped kitchen and prep areano expenses spared!
- Emergency exit, storage area, and utility room/toilet for operational ease.
- Stairs leading to the first floor with a dedicated storage room and a cold room for the restaurant.
- Fast food businesscan be sold separately on a 15-year lease.

Measurements (Ground Floor):

- Takeaway/Restaurant: 17.094 m2
- Seating Area: 54.699 m2
- Kitchen/Prep Area: 36.147 m2
- Storage Area: 9.410 m2
- Cold Room: 25.175 m2

First Floor:

- Separate access from the rear for business offices.
- Corridor with a waiting area for clients.
- Spacious offices for business operations.
- Large storage area that can be converted into an office.

Measurements (First Floor):

- First Office: 31.489 m2
- Corridor/Waiting Area: 63.188 m2
- Large Office: 36.458 m2
- Internal Office: 15.975 m2
- Storage Area/Office: 13.420 m2

Two 1-Bedroom Flats:

- Separate entrances off the corridor for privacy.
- Stairs leading to each flat with well-designed spaces.
- Each flat includes a lounge, kitchen, bedroom, and shower room.

Measurements (Flats):

- Flat 1: 10.321 m2 lounge, 4.062 m2 kitchen, 6.684 m2 bedroom.
- Flat 2: 7.591 m2 lounge, 6.856 m2 kitchen, 9.453 m2 bedroom.

For further information and to seize this incredible opportunity, please contact Sabbi Bains on 07894414046 or Sam Bains on 07850520642. Act now and make your mark in the heart of Bury Park!