Property photos
£27,500 pa
(£13.16/sq. ft. pa)
Retail premises to let
28 Chapel Street, Luton, Bedfordshire LU12,089 sq. ft
Local area information
Property location
Nearby amenities
- Luton Pentecostal Church Christian Academy 0.2 miles
- Luton 0.4 miles
- Tennyson Road Primary School 0.5 miles
- Luton Airport Parkway 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Luton to find out more about the local area.
Features and 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.
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.
More information
Listed by
S.R. Wood & Son Ltd
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