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Regional House 28-34 Chapel St 2,000 SF of Assignment Available in Luton LU1 2SE
Assignment Highlights
- High Street Location
- Late Premise License
- Newly Renovated
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Fully Fitted Restaurant & Shisha Lounge with Late Night License TOLET In Bedfordshire Restaurant & Shisha Lounge with strong growth potential. The premises operate under a premises licence that does not have an alcohol licence, presenting a major opportunity for a buyer to significantly increase profits by appliying for the alcohol licence. The venue is also also ideal for private events, functions, and nightlife activities. Rent: £45,000 p.a. plus VAT till 2028 £55,000 p.a. plus VAT for 2028 - 2033 £60,000 p.a. plus VAT for 2033 - 2038 Lease: 12 years (Renewable) Service Charge: £2,500 VAT Days Open: 7 days per week License Hours Monday – Thursday: 12pm – 2am Friday – Saturday: 12pm – 4am Sunday: 9am – 2am Key Features Restaurant & Shisha lounge with strong potential Fully Fitted Commercial Kitchen Seating for 80 pax No alcohol licence currently, allowing future increase in sales
- Use Class: E
- Assignment space available from current tenant
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 3rd Floor | 2,000 SF | Negotiable | $36.78 CAD/SF/YR $3.07 CAD/SF/MO $73,569 CAD/YR $6,131 CAD/MO | Retail | - | 30 Days |
3rd Floor
| Size |
| 2,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| $36.78 CAD/SF/YR $3.07 CAD/SF/MO $73,569 CAD/YR $6,131 CAD/MO |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| 30 Days |
3rd Floor
| Size | 2,000 SF |
| Term | Negotiable |
| Rental Rate | $73,569 CAD/YR |
| Space Use | Retail |
| Build-Out | - |
| Available | 30 Days |
Fully Fitted Restaurant & Shisha Lounge with Late Night License TOLET In Bedfordshire Restaurant & Shisha Lounge with strong growth potential. The premises operate under a premises licence that does not have an alcohol licence, presenting a major opportunity for a buyer to significantly increase profits by appliying for the alcohol licence. The venue is also also ideal for private events, functions, and nightlife activities. Rent: £45,000 p.a. plus VAT till 2028 £55,000 p.a. plus VAT for 2028 - 2033 £60,000 p.a. plus VAT for 2033 - 2038 Lease: 12 years (Renewable) Service Charge: £2,500 VAT Days Open: 7 days per week License Hours Monday – Thursday: 12pm – 2am Friday – Saturday: 12pm – 4am Sunday: 9am – 2am Key Features Restaurant & Shisha lounge with strong potential Fully Fitted Commercial Kitchen Seating for 80 pax No alcohol licence currently, allowing future increase in sales
- Use Class: E
- Assignment space available from current tenant
Property Overview
An excellent opportunity to acquire a fully fitted restaurant and shisha lounge located in a prominent town centre position within Luton. The premises are situated within Regional House, benefiting from strong footfall, surrounding commercial occupiers, and excellent late-night trading potential. The property is offered by way of lease assignment and presents a turnkey hospitality venue suitable for restaurant operators, lounge concepts, private events, or nightlife businesses. The venue currently operates under a premises licence allowing extended trading hours, providing significant scope for continued business growth. Notably, the premises do not currently hold an alcohol licence, offering incoming operators the opportunity to substantially increase revenue by applying for one. Accommodation Approx. 2,000 sq ft arranged on the 3rd Floor Fully fitted restaurant & shisha lounge Commercial kitchen installed Seating capacity for approx. 80 covers Suitable for events, dining, and late-night operations Use Class E Lease Terms Rent: £45,000 per annum Term: Negotiable (Assignment of existing lease) Service Charge: Approx. £2,500 per annum Availability: Within 30 days Rent Reviews: Stepped rental structure within lease term Licensing & Trading Hours Premises Licence in place Late-night trading permitted: Mon–Thu: 12:00 PM – 2:00 AM Fri–Sat: 12:00 PM – 4:00 AM Sun: 9:00 AM – 2:00 AM Alcohol licence not currently held (future upside opportunity) Location Regional House occupies a central Luton town centre location on Chapel Street, surrounded by established retail, restaurant, and professional occupiers. The area benefits from strong pedestrian activity and excellent accessibility via public transport and nearby amenities. Key Features Fully operational hospitality venue Late-night licence Strong growth potential Established commercial building Ideal for restaurant, lounge or nightlife concept Turnkey opportunity All measurements are approximate and interested parties should carry out their own due diligence.
- Signage
Property Facts
| Total Space Available | 2,000 SF | Rentable Building Area | 15,586 SF |
| Property Type | Office | Year Built | 1978 |
| Building Class | B |
| Total Space Available | 2,000 SF |
| Property Type | Office |
| Building Class | B |
| Rentable Building Area | 15,586 SF |
| Year Built | 1978 |
Select Tenants
- Floor
- Tenant Name
- Industry
- 1st
- B And M Healthcare
- -
- GRND
- Djurdjura Butcher
- Retailer
- Unknown
- How Cha Restaurant
- Retailer
- Unknown
- Howcha Noodle Bar
- Retailer
- 1st
- OEP Services
- Professional, Scientific, and Technical Services
- GRND
- The Gospoda
- Retailer
Presented by
Regional House | 28-34 Chapel St
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