Specialist leisure and hospitality agent Sidney Phillips has announce the coming to market of the George II in Luton, Bedfordshire.
Luton is one of Bedfordshire’s largest towns boasting a sizable population in the region of 215,000. Luton was for many years famous for hat making and also as the home of the Vauxhall Motor factory and more recently, the University of Bedfordshire. Luton is home to the one of the country’s busiest airport, London Luton Airport.
The George II occupies a prominent and eye-catching corner public house situated on Bute Street, the major thoroughfare between the station and the nearby Mall Shopping Centre. The property will be situated a mere to 250m from Luton Town FC’s new 23,000 seater stadium, the construction of which is due to start imminently.
The property offers an open plan bar and dining area for 49 which has been recently refurbished including the incorporation of custom wall art depicting Luton’s rich heritage. Above there are five letting bedrooms as well as two 2 bedroom flats.
During the past 12 years of ownership the George II has transformed from an under-trading boozer into a popular wet led venue which is well known for its darts, live music and food. The business has three darts teams which frequent on a regular basis. The George II would suit a hands on owner/operator who could continue to drive this thriving and busy business forward and increase sales revenues with an enhanced marketing campaign focussed at food offering. Furthermore a new operator could increase turnover by letting the five letting bedrooms and the two flats.
The leasehold interest of George II is available off an asking price of £98,000, and early viewing is advised as interest in this business is expected to be high given its reputation, location and trade figures.
For further information about this pub for sale, other pubs for sale or how to buy a business please call Sidney Phillips on 01892 725900.
(December 2021)