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The Spires Suites 1, 4 & 5 Adelaide Street, Luton, LU1 5BB

£ 60,000 per annum + VAT
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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

£60,000 per annum exclusive + VAT.

Business Rates

The Rateable Value of the premises is £43,650.  Rates payable for for the year commencing 1 April 2018 are £20,952. 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 if 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 2018 for this suite (payable quarterly in advance) is £15,176.84. 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 apportionment for the premises this current insurance year is £4,063 + VAT.

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

The ground floor of The Spires comprises of 5,292 sq ft and is to be fully refurbished and presented to an excellent standard.

The premises are currently subdivided into smaller offices, conference rooms and larger open plan offices and can be let as seen or taken back to full or partial open plan as required.

The office accommodation benefits from air conditioning, a suspended ceiling incorporating Category 2 lighting, perimeter radiators, and perimeter power trunking. It has its own separate ground floor entrance, male and female toilets, kitchen areas, a passenger lift from the underground car park area and a lift for disabled access.

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.
City:
State/County:
Zip: lU1 5BB
Country: United Kingdom
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Property Id : 7133
Price: £ 60,000 per annum + VAT
Property Size: 0,00
Secure Car Parking
Excellent Condition
24 Hour Access
Flexible Layout
Cloakroom
Kitchen Facilities

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