Summary - 57-59, GEORGE STREET LU1 2AL
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime retail investment opportunity in Luton Town Centre
- Currently occupied by a national franchise (German Doner Kebab)
- Total area of 2,382 square feet split across ground and basement levels
- 15-year lease starting in 2018 with passing rent of £30,000 per annum
- Rent review scheduled for 2026 with break option in 2028
- Excellent foot traffic location with urban amenities nearby
- Low crime rate in the local area
**Summary:**
Discover a prime retail investment opportunity at 57-59 George Street in the bustling heart of Luton Town Centre. This expansive commercial property, designed for vibrant high-street presence, encompasses 2,382 square feet of adaptable space across ground and basement levels, perfect for a variety of retail or food service businesses. Currently, it is successfully operated by the German Doner Kebab franchise, ensuring immediate income with a passing rent of £30,000 per annum, alongside promising growth prospects thanks to a lease until 2033.
Positioned amidst a diverse array of amenities and adjacent to The Mall shopping center, this location benefits from high foot traffic and visibility, vital for driving customer engagement. While the area shows signs of socioeconomic challenges, the low crime rate and access to excellent transport links add to its appeal. With the upcoming rent review in 2026 and significant potential for future upside, don’t miss out on this distinctive investment opportunity in a cosmopolitan and youthful locale. Act fast—properties of this caliber do not last long!
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