Luton is Bedfordshire’s prime commercial centre and has an estimated district population of 250,000.
It is 10 miles north of St Albans, and 33 miles north of Central London, and is home to London Luton International Airport, which is easily accessible from the M1 motorway.
The property is located on George Street, opposite The Mall Shopping Centre.
400 yards from Luton Mainline station with direct access to London in 34 mins.
Tenancy and Additional Information
61 George St is let to Bet Fred on a new 5 year lease at a rent of £50,000 p.a.
Betfred was founded in 1967 by Fred Done and operates from 1,470 licensed betting offices throughout the UK
For the year ended September 2019 Done Brothers (Cash Betting) Limited reported a turnover of £388,347,000 and Pre-Tax Profit of £59,304,000
The property has been elected for VAT. It is anticipated that the sale will be treated as a Transfer of a Going Concern