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

£ 15,438 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 character of a period property. Many of the original features have been retained such as stained glass windows, exposed timber and stone, and vaulted ceilings. The building also benefits from its own underground car park.

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

£15,438 per annum exclusive + VAT

Business Rates

The Rateable Value of the premise is £11,500.  Rates payable for small businesses are £5646.50 for the year commencing 1 April 2019. 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 The Spires. The projected budget for 2019 for this suite (payable quarterly in advance) is £4,137 + VAT. 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 1 January 2019 was £959 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

A 1,235 Sq ft office is available on the ground floor of The Spires and is presented to an excellent standard. The suite is open plan and has the benefit of air conditioning, a suspended ceiling incorporating Category 2 lighting, perimeter radiators, and perimeter power trunking. The first floor has its own male and female toilets and kitchen area and the passenger lift serves all floors including the underground 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 : 7204
Price: £ 15,438 per annum
Property Size: 0,00
Secure Car Parking
CCTV Surveillence
Excellent Condition
24 Hour Access
Flexible Layout
Prominent Position
Fully Carpeted
Kitchen Facilities
Secure Pass Card Entry System

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