Convenience Store to rent

Dunstable Road, Luton, Bedfordshire, LU4

1,317 sq. ft. | £24,000 pa| £2,000 pcm

Property Description

Commercial information

  • 1,317 sq ft (122 sq m)

Full description

Location: The building is prominently positioned on the corner of Medina Road and Dunstable Road, in close proximity to Tesco Express and Machine Mart. Dunstable Road forms a main arterial route between Luton and Dunstable via the M1, Junction 11.

Description: This profitable business trades as a general food store, including butchery.

There is currently no PayPoint or off licence provision, which would increase revenue. Cigarette sales etc are not widely promoted and the opening hours could be increased.

To the front, planning permission has been obtained to construct a permanent covered forecourt sales area.

Weekly sales approximately 12,000.00 (624,000.00 per annum).

To the rear are store rooms.

Above there is a 3 bedroom maisonette which might be available by separate negotiation.

Terms: The sales/stores area is available upon a new effective full repairing and insuring lease for a term to be agreed at a rent of 24,000.00 per annum exclusive.

The business, to include fixtures and fittings (plus stock at value), is available for 60,000.00.

Rateable Value: 14,750 (please note this is not the rates payable).

Legal Costs: Each party to bear their own legal costs incurred.

VAT: Plus V.A.T. at the appropriate rate if applicable.

Nearest stations

  • Luton (1.1 mi)
  • Leagrave (1.3 mi)
  • Luton Parkway (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DPS Group , Luton

35 Alma Street, Luton, LU1 2PL

01582 934098 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Luton (1.1 mi)
  • Leagrave (1.3 mi)
  • Luton Parkway (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DPS Group , Luton

35 Alma Street, Luton, LU1 2PL

01582 934098 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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