- Buy
- Rent
- Portfolios
Advertise
- Sign In
- Register
Marketed by
Unit 196-198 Luton, LU1 2LJ
Use Class
E
Size
1,202 - 1,949 sq ft
Rent pa
POA
Market Sector
Shopping Centre
Description
Luton is located just outside the M25, to the north of London, with the town benefitting from excellent connectivity, with central London just 26 minutes away by train from St Pancras, and a catchment of approximately 23 million people within a two-hour drive. Frasers Plus is located in the heart of Luton and provides approximately 900,000 sq ft of retail and leisure space across 125 units. The centre attracts 15.2 million visitors annually, with an average dwell time of 75 minutes and 43% of customers visiting 52 times or more each year. Luton has the 3rd youngest population in the UK, with 20% under the age of 16, alongside 24,000 students at the University of Bedfordshire. With 40,000 new homes targeted by 2026, the town is set to benefit from continued population and residential growth. Unit 196-198 is located on the lower mall along Waller Street with surrounding tenants including H&M, TKMaxx and Wilko.
Accommodation
1,202 - 1,949 Sq.Ft
The unit provides the following approximate gross internal floor areas:
Financial
Lease Type
New Lease
Lease Term
The unit is available by way of a new 10 year lease outside of the Landlord & Tenant Act subject to 5 yearly upward only rent reviews. Alternative lease terms may be available, please call to discuss.
Rent
Rent on application.
Insurance
The estimated annual insurance charge for 2026 is £1,108 pa.
Costs
Each party is responsible for legal and any other professional costs in connection with this transaction.
Service Charge
The estimated annual service charge for 2026 is £43,657 pa.
Vat
References to price, premium or rent are deemed to be exclusive of value added tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.
Business Rates
We are informed by the Local Rating Authority that the rates assessed are as follows: RATEABLE VALUE 2026: £90,000 RATES PAYABLE Y/E MARCH 2027: £38,700 pa Interested parties are advised to verify these figures with the Local Authority.
Rates
Sustainability
A certificate is available on request.
This Property is Part of a Shopping Centre
Frasers Plus
Anchor tenants - Argos, Boots, New Look, Superdrug, Tesco, TK Maxx, Wilko, H&M, River Island & Topshop Other stores include: Poundland, The Works, Footlocker, Superdry, WHSmiths, Holland & Barrett, Farmfoods & KFC
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2026 Completely Property Technology Limited