Unit 116 The Mall Luton, Luton, LU1 2LJ

Owned by
Frasers Group logo
Use Class

Use Class

E

Size

Size

1,139 sq ft

Rent pa

Rent pa

£32,500

Market Sector

Market Sector

Shopping Centre

Landlord

Landlord

Frasers Group

Description

The subject premises is located in a prime position on Feast Street within Luton Point Shopping Centre. The unit sits adjacent to Tikka Nation and Cake Box, as well as sitting opposite KFC and Greggs. Luton Point has over 900,000 sq.ft. of retail and leisure within the scheme. The scheme is anchored by Sports Direct, Primark, and Boots. Recent openings within the scheme include Black Sheep Coffee, Clarks and Miniso, with the scheme benefitting from an annual footfall of 15.5 million. Please refer to the attached copy of the street traders plan for further details.

Accommodation

1,139 Sq.Ft

The premises are arranged over ground floor and basement providing the following approximate area:

Areas
Sq.Ft
Sq.M
Ground Floor
710
66
Basement
429
39.9

Financial

Lease Type

New Lease

Lease Term

The premises is available by way of a new lease for a term to be agreed.

Rent

£32,500 per annum exclusive.

Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Service Charge

The current service charge for the financial year is £15,124 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £24,250 UBR (25/26) 0.499p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:
2025
Rateable Value:
£24,250.00
Rates payable:
£12,100.00
UBR:
49.9p/£

Sustainability

Available on request.

This Property is Part of a Shopping Centre

Luton Point Shopping Centre

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

JLLGreen & Partners

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.

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