Under Offer Map view Street view 32-32a Wellington Street, Luton, LU1 2QH 650 Sq Ft / Leisure / Restaurants / Cafes For Sale Under Offer - Last updated: 03 October 2025 SummaryThe property is fully let, comprising a restaurant at ground floor and basement, with the first and second floor (attic) comprising of a self-contained apartment. The commercial lease upon ground floor and basement commenced in June 2021 and expires in June 2026. The passing rent is £20,000 pa. Please enquire for further tenancy information. The maisonette at first and second floor has pedestrian access off Peel Street. The first floor comprises a kitchen, bathroom and a lounge, whilst the second floor comprises two double bedrooms. The passing rent is £10,500 per annum.Key PointsTown Centre LocationMixed-Use PropertyMulti-Let & Income ProducingFreeholdRateable ValueThe Rateable Value for the shop is £8,300 (please note this is not rates payable). The Council Tax Band for the apartment is ‘Band A’.VATAll costs are subject to VAT at the appropriate rate if applicable.Legal CostsEach party is to bear its own costs incurred.LocationLuton is one of the largest towns in the UK without city status. It can be considered a major centre of commerce and is exceptionally well-connected via an international airport, the M1 (J10, J11 & J11a), the A505, the A6, and three railway stations with fast services to London St Pancras. The town is subject to major investment/development with the expansion of London Luton Airport, the development of a new football stadium at Power Court, and the development of a new performing arts venue - The Stage - on the former Bute Street carpark. All of which are within proximity to the subject property. The subject property occupies a mid-terraced and pavement-lined position on Wellington Street, which is located within Luton town centre, just off George Street (the high street). The road is a very popular secondary trading location and has historically been favoured by F&B operators. It is host to a mixture of local, regional and national businesses.TermsThe freehold interest, with the benefit of both tenants whose combined rental totals £30,500 per annum, is available for £425,000. Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £0.00 NA Documents and links a51375aa99885a00dec160900e99ff55.pdf Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist