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Suite 1, Raglan House, Alma Street, Luton LU1 2PL

£ 21,250 per annum
Raglan House, Alma Street,
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Raglan House is a prestigious office building located in Luton town centre and conveniently situated for all of the local amenities and transport links. The building is arranged over four floors and has pavement level access onto Alma Street. The available suite is on the second floor of Raglan House and has been subject to a comprehensive refurbishment to provide excellent quality office accommodation.

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Term

A new fully repairing and insuring lease for a term to be agreed.

Rent

£21,250 per annum exclusive.

Business Rates

The Rateable Value of the premise is £17,500.  Rates payable for small businesses are £8,400 for the year commencing 1 April 2018. Business Rates are charged separately on any car parking space(s) allocated. Interested parties should contact the business rates department of Luton Borough Council on 0300 790 0349 for further information as small business rates relief may be applicable.

Service Charge

A variable service charge is levied for the maintenance, security and upkeep of the common parts of Raglan House. The projected budget for 2018 for this suite (payable quarterly in advance) is £6,534.60. The service charge will fluctuate year on year.

Building Insurance

The building is insured by the Landlord on usual commercial terms and the apportioned premium is re-charged to each tenant. The premium for the year commencing 1 January 2018 is £1,059.28 for this suite.

Legal Fees

Each party to pay their own legal fees incurred in any transaction.

VAT

Raglan House has been elected for VAT and therefore VAT will be chargeable on the rent and any other sums due under the terms of the lease.

Accommodation

A 1,700 sq ft second floor office in Raglan House which will be subject to a comprehensive refurbishment. It has its own kitchenette with communal toilet facilities throughout the building (including a disabled wc). The office is mostly open plan and has some high quality partitioning incorporating integral window blinds.

NOTES FOR APPLICANT: 1) The particulars are set out as a general outline only for the guidance of intending tenants and do not constitute an offer or contract; 2) All measurements are approximate. An intending tenant should not rely upon their accuracy for any purpose; 3) Any description of premises shall not constitute a warranty or representation that they may be used for any particular purposes under the planning legislation; 4) Value Added Tax may be payable on the rent or on other charges and payments. All figures quoted are exclusive of Value Added Tax. Intending lessees and purchasers must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice.
Address: Raglan House, Alma Street
City:
State/County:
Zip: LU1 2PL
Country: United Kingdom
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Property Id : 7168
Price: £ 21,250 per annum
Property Size: 0,00

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