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The Spires, Suite 3, Adelaide Street, Luton LU1 5BB

£ 19,375 per annum
The Spires, Adelaide Street,
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The Spires offers a unique opportunity to occupy quality open plan office accommodation within the warmth and character of a period property. Many of the original features have been retained with a wealth of stained glass windows, exposed timber & stone, and vaulted ceilings.

The interior of The Spires is well equipped for the modern business world, with all of the features expected in such a high quality office environment.

The Spires offers excellent access to Luton town centre and all of its amenities, as well as to the local road and motorway network. Luton mainline railway station is close to hand and London Luton International Airport is a few minutes’ drive away.

  • Call us today on 01582 414142

Term

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

Rent

£19,375  per annum exclusive + VAT.

Business Rates

The Rateable Value of the premises is £19,750. This will equate to rates payable of £9,697.25 for the year commencing 01 April 2019. NB Business Rates are charged separately on any car parking space(s) allocated with this suite. 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 structure and the common parts of The Spires. The 2019 projected budget equates to £8653 + VAT for this suite (payable quarterly in advance in accordance with the terms of the lease). The service charge is managed in accordance with the RICS Service Charge Code, a copy of which can be obtained from www.rics.org. (this is an indicative figure and is likely to 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 01 January 2019 is £2,062.52 + VAT for this suite.

Legal Fees

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

VAT

The Spires 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

This open plan second floor office is 2,583 Sq ft.  Each floor has separate male and female toilets and a kitchen area. There is a passenger lift that serves all floors including the basement car park.

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: The Spires, Adelaide Street
City:
State/County:
Zip: Bedfordshire, LU1 5BB
Country: United Kingdom
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Property Id : 6464
Price: £ 19,375 per annum
Property Size: 0,00
Unit: Suite 3
Secure Car Parking
Excellent Condition
24 Hour Access
Fully Carpeted
Cloakroom
Kitchen Facilities

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