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10-12 Chapel Street

Luton

Ref: 6758

10-12 Chapel Street
Luton
Bedfordshire, LU1 2SE

The large premises are essentially end of terrace and are currently leased to the bookmakers Jennings who have vacated. Their lease expires soon, and on behalf of the landlord we are appointed to locate a new occupier for the premises. Location: - Chapel Street is located within Luton town centre, just off George Street (High Street). Terms: - Subject to negotiations, Jennings ma . . .

The large premises are essentially end of terrace and are currently leased to the bookmakers Jennings who have vacated. Their lease expires soon, and on behalf of the landlord we are appointed to locate a new occupier for the premises.

Location: -

Chapel Street is located within Luton town centre, just off George Street (High Street).

Terms: -

Subject to negotiations, Jennings may surrender their lease earlier than the expiry date. As such, a new lease can be made available upon terms to be agreed at a commencing rental of £40,000.00 per annum exclusive.

Our client would consider retaining the rear part of the premises, making the main shop smaller and reducing the rent accordingly.

Rateable Value: -

We have verbally been informed by Luton Borough Council that the rateable value is £30,750.00. (Please note this is not the rates payable.)

Legal Costs: -

Each party to bear their own legal costs incurred.

VAT: -

Plus VAT at the appropriate rate if applicable.

Viewing: -

For further information or an appointment to view, kindly contact S R Wood & Son Ltd. Tel. 01582 401 221.

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Use Retail premises
Availability Let
Sale price -
Annual rental £40000
Size (sq ft) 2085
Features

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