FOR SALE
14/03/22
428
Shooping_Parade_luton / Rightbiz
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. |
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DESCRIPTION: |
Substantial ground floor premises, ideally located in a prime trading location, briefly comprising: Main café area with and 40 covers, main serve over counter, delicatessen refrigerator, under counter refrigerator, panini presses, under counter glass washer, microwave ovens, coffee machines and grinders, prep area, large kitchen area, CCTV and WC. |
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USES: |
New Class E - Old A1/A2/A3 |
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PREMIUM: |
£49,950 Guide price for the benefit of the lease, fixtures, fittings and goodwill |
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TERMS: |
5 left of a renewal lease |
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BUSINESS RATES: |
Interested parties are recommended to make their own enquiries with the Rating Department of Luton Borough Council |
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SIZE: |
Approximately 1334 sq ft |
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OPENING HOURS: |
Monday Closed - Tuesday - Thursday 9:30 a.m till 3:00 p.m - Friday - Saturday - Sunday 9:30 a.m till 3:00 p, |
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STAFF: |
Owner managed with 1 staff in the weekend & 3 on the weekends |
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TURNOVER: |
Current turnover in excess of £83,000 per annum |
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ACCOUNTS: |
Available on requested |
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LEGAL COST: |
Each party to be responsible for their own legal costs |
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LOCAL AUTHORITY: |
Luton |
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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. |
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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 |
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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 |
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VIEWINGS: |
Through London Properties by appointment only |
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.