Retail premises to let in St Nicholas House, 15-17 George Street, Luton, Bedfordshire LU1

Description

The premises measure 515 sq ft (47.86 sq m) and would suit a variety of uses within User Class E, including retail, office, leisure, café etc.

The interior is due to be refurbished prior to a letting taking place and is to be put into ‘white box' or ‘shell' condition.

Location

The property is prominently located on George Street which is Luton's main high street and is naturally a predominantly commercial area.

Terms

The premises are available to let at £17,500 per annum exclusive for a term to be agreed.

Legal Costs

Each party to bear their own legal costs incurred.

VAT

Plus V.A.T. At the appropriate rate if applicable.

Rateable Value

The Rateable Value of this property is to be confirmed.

Subject to certain conditions, you will not pay Business Rates on a property with a Rateable Value of £12,000.00 or less. For properties with a Rateable Value of £12,001.00 to £15,000.00 the rate relief will go down gradually from 100% to 0%, i.e. If your Rateable Value is £13,500.00 you will get a 50% reduction off your bill.