Retail Units & Shops

Bedfordshire

Luton

property

To Let

This property is part of an unsponsored shopping centres scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

Unit 31-33 The Mall Luton, Luton, LU1 2LJ

Owned by

Use Class

Size

9,008 sq ft

Rent pa

£120,000

Market Sector

Shopping Centre

Landlord

Frasers Group

Description

The subject premises are situated in a prominent corner position within Luton Point Shopping Centre. The unit is opposite New Look, Waren James and close to Lidl. 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

9,008 Sq.Ft

The premises are arranged over ground and basement floors providing the following approximate areas:

Areas

Sq.Ft

Sq.M

Ground Floor

5,134

477

Basement

3,874

359.9

Downloads

Brochure

Unit 31-33, Luton Point Shopping Centre, Brochure

Financial

Lease Type

New Lease

Lease Term

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

Rent

£120,000 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 £62,055 per annum.

Business Rates

We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £99,500 UBR (25/26) 0.555p All parties are to advised to make their own enquires to the relevant authority.

Rates

Rateable Year:

2025

Rateable Value:

£99,500.00

Rates payable:

£55,222.00

UBR:

55.5p/£

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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