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Marketed by
Unit 39 The Mall Luton, Luton, LU1 2LJ
Use Class
E
Size
1,572 sq ft
Rent pa
£35,000
Market Sector
Shopping Centre
Landlord
Frasers Group
Description
The subject premises is located in a prime position on Melson Street within Luton Point Shopping Centre. The unit sits amongst a number of local operators, whilst also being near to New Look and Warren James. 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
1,572 Sq.Ft
The premises are arranged over ground floor and basement providing the following approximate areas:
Financial
Lease Type
New Lease
Lease Term
The premises is available by way of a new lease for a term to be agreed.
Rent
£35,000 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 £16,995 per annum.
Business Rates
We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £27,250 UBR (25/26) 0.499p All parties are to advised to make their own enquires to the relevant authority.
Rates
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
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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