Family run business for over 31 years & award winning newsagent/convenience store & off license which is well known for specialling in magazine sales & also benefits from National Lottery. Entrance is made into the main retail area with counter to the right with a tobacco kiosk behind. To the left there is a newspaper and magazine display and a refrigerated multi deck and to the centre, there is racking & shelving & to the rear there is a store room, parking with 2 bedroom upper parts currently rent on shorthold tenancy achieving £XXX per annum.
Location
The premises are prominently located on popular parade on Busy Dunstable Road in The Bury Park area of Luton. The premises are located within walking distance to Luton Town Football Ground, and the surrounding premises, are take away, restaurant, halal butchers, Asian sweet marts, barbers & beauty salons, Asian jewellery shops, Asian grocers shops & Asian clothes shops.
Accommodation
Approximately 1,000 sq ft
Terms
Uses: A1/A2
Premium: £XXX for the benefit of the lease, fixture & fittings
Rental: £XXX per annum
Terms: Available Freehold or Leasehold. The property is available to let on a new lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews.
Business Rates: We have been advised that the business rates are £XXX per annum. Interested parties are advised to make their own enquiries to the local authority.
Opening Hours: Open 7 days a week 7:00 a.m - 10:00 p.m
Staff: Family Run
Upper Parts: Two bedrooms duplex marionette currently let on shorthold tenancy and achieving £XXX per annum and benefits from a garage.
Turnover: Current turnover in excess of £XXX per annum.
Accounts: Available on request
Legal Cost: Each party is to bear their own legal cost.
Local Authority: Luton
Reference Charge: London Properties charges a fee of £XXX 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.
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.
Fixture & Fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.