Retail premises to let in 28 Chapel Street, Luton, Bedfordshire LU1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Description
The purpose built commercial premises are pavement lined and mid terraced. The shop has a substantial mezzanine floor installed of 1,077.12 sqft (100.06m2) plus the lower ground floor of 1,012.46 sqft (94.06m2).
Location
Chapel Street is located within Luton town centre and is particularly favoured by hot food establishments.
Terms
Available upon a new internal repairing and insuring lease for a term to be agreed at a rental of £27,500 per annum exclusive.
Rateable Value
The Rateable Value of this property is £19,000 (please note that this is not rates payable).
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.
Legal Costs
Each party to bear their own legal costs incurred.
VAT
We are verbally advised that V.A.T. Is not charged upon rental.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
S.R. Wood & Son Ltd, LU2 on +44 1582 944995 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by S.R. Wood & Son Ltd, and do not constitute property particulars. Please contact S.R. Wood & Son Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.