REGIONAL HOUSE 28-34, CHAPEL STREET, LUTON, LU1 2SE
2,198 Sq Ft / Other / Investment
To Let
- £15,500.00
per annum
Available - Last updated: 08 March 2024
Description:
Purpose built building comprising of the following:
- First floor, Arlesey Suite: 2,198 sqft (204.41 m2) – available.
- Second floor, Chalgrave Suite: under offer to a leisure operator.
- Second floor, Henlow Suite: 2,198 sqft (204.41 m2) – available.
- Second floor, Roof Garden: let to a Shisha Bar.
- Third floor, Kensworth Suite: under offer to a leisure operator.
- Fourth floor, Someries Suite: 2,500 sqft (232.50 m2) – available.
Location:
Chapel Street is located within Luton town centre. This building is visible from the Stuart Street flyover.
Terms:
The suites are available upon new IRI leases for a term to be agreed, as follows:
- Arlesey Suite - £15,500 per annum exclusive
- Henlow Suite - £15,500 per annum exclusive
- Someries Suite - £25,000 per annum exclusive
Legal Costs:
Each party to bear their own legal costs incurred.
VAT:
We are verbally advised that V.A.T. is not applicable.
Rateable Value:
The Rateable Values of this property are as follows (please note these are not the rates payable). Further information is available at www.tax.service.gov.uk
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.
- Arlesey Suite – £24,500
- Henlow Suite – £24,500
- Someries Suite – £25,000
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
|
To Let
|
£15,500.00
| per annum |
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