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41-43 Wellington St 2,505 SF of Assignment Available in Luton LU1 2QH
ASSIGNMENT HIGHLIGHTS
- Town centre position on Wellington Street
- Convenient access to the Mall in Luton, public transport links, and nearby car parking
- Strong pedestrian footfall and excellent visibility
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,505 SF | Negotiable | $26.95 /SF/YR $2.25 /SF/MO $67,500 /YR $5,625 /MO | TBD |
Ground
The opportunity comprises a prominent ground floor commercial unit arranged and fitted as a restaurant, available by way of a business sale with the benefit of a reassignment of the existing lease. The premises provide customer dining areas, a commercial kitchen, and ancillary storage and staff facilities, and are configured to support immediate occupation and continued restaurant use.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Secure Storage
- Energy Performance Rating - D
- Premium: £90,000
- Fully fitted restaurant with kitchen and ancillary
- Business sale linked with leasehold occupation
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
SELECT TENANTS AT 41-43 WELLINGTON ST, LUTON, BDF LU1 2QH
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Papa J's
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Papa J's | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 2,505 SF | Gross Leasable Area | 3,197 SF |
| Property Type | Retail | Year Built | 1921 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,505 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,197 SF |
| Year Built | 1921 |
ABOUT THE PROPERTY
The property is located in Luton town centre within a well-established commercial area. The surrounding area benefits from a mix of retail, leisure and office occupiers, with strong pedestrian footfall. Excellent transport links are available nearby, including Luton railway station, easy access to the M1 motorway, and close proximity to London Luton Airport.
- Security System
- Signage
- Storage Space
Presented by
41-43 Wellington St
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