Profitable Established Class E Business for Sale in Luton, £110K Premium, £12K Annual Rent
Luton, Bedfordshire
- Status
FOR SALE
- Date Submitted:
28/09/23
- Advert ID
600398
- Reference
RPL-LTN786-00 / Rightbiz
- Call Agent:
- Leasehold: £110,000
- Rent: £14,400
- Turnover: £468,000 (£9,000 Per week)
- Net Profit: Not Applicable
Key Features
- Established Business
- New Lease
- Fully Fitted
- Attractive Business
- Company for Sale
- Close to Local Amenities
Business Details
Established Profitable running business (CLASS E) located near Luton Central on New Bedford Road LU1
Established Profitable running business (CLASS E) located near Luton Central on New Bedford Road, LU1. Currently trading as a takeaway on a high traffic footfall Road by way of premium £110,000.
Nearby:
Luton 0.6 miles
River Bank Primary School 540 yards
Denbigh High School 350 yards
Bury Park Educational Institute (Al - Hikmah Secondary School) 770 yards
Domino's and Subway closeby
Postcode: LU1 1SE
Rent: £12,000 Per Annum
Premium: £110,000 including all fixtures and fittings.
Size: 800sq.ft Approx.
Rates: £0.00 – TBC with local authority
Lease: Assignment of 10 years remaining then on renewable/New Lease
Rent Review: Tbc
Legal costs: Incoming tenant liable for own and freeholder costs
Weekly Turnover: We have been informed by the Leaseholder £8,000 - £10,000 per week (previously £12,000 per week.
Established for 25 Years.
To view this property please contact our office, alternatively visit our website to view a range of available commercial properties.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
