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Beautiful Licenced Indian Restaurant For Sale

Luton, Bedfordshire, United Kingdom

Financials

Asking price: < £200k

Sales revenue: £200k < 500k

Net profit: £100k < 250k

Fixtures value: £50,000

Stock value: Undisclosed

 

Business description
We are pleased to offer for sale this rarely available double fronted licensed Indian restaurant.

The property briefly comprises of:

A brick built terraced property forming part of a larger parade of shops directly in the heart of central luton.

The premises have existing planning consent for a3 use and currently trades as a licensed indian restaurant business.

108+ covers!


Years established: 3 YEARS although the premises has been an Indian Restaurant since the 1970's

Property: Leasehold


Lease terms
20 year fully repairing/insuring lease with 3 yearly rent reviews. £30,000 per annum rent.

Location
Situated in the heart of Luton town centre, with-in close proximity of pubs, clubs and indoor shopping centre. The property forms part of an established parade of mixed use retail outlets.


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