Property for sale in Dunstable Road, Luton, Bedfordshire LU1

Offers in region of £395,000
Interested in this property? Call +44 1582 936763 * or Request Details

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Property for sale - 1 bedroom

1 1 1

Tenure:
Not available
Council tax band:
Not available

Property description

🌟 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 takeaway business, including all the latest equipment for a mere £295,000.00 With an excellent gross income surpassing a Million, this is your golden ticket to prosperity!

πŸ’° Pricing Details:

- Current rent: Β£42,000 per annum
- Deposit 3 months rent: Β£10,500.00
- option 1: Premium: Β£395,000.00 (includes running business, all equipment, client base, and leasing the entire building)
- option 2: Premium: Β£295,000.00 (includes running business Peri Peri, 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

🍽️ 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 areaβ€”no 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 business can 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 or Sam Bains on . Act now and make your mark in the heart of Bury Park! πŸŒ†πŸš€

Property info

Floorplan(s): Floorplan 1

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Ultimate Connexions, LU1 on +44 1582 936763 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ultimate Connexions, and do not constitute property particulars. Please contact Ultimate Connexions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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