40 ads Commercial & Retail Properties to Rent in Luton, Bedfordshire

What should I consider when choosing a commercial property to rent in Luton?

Consider factors like location, accessibility for customers and staff, size and layout to suit your business needs, parking availability, local amenities, and proximity to transport links. Also, research the local business environment and potential for growth in Luton.

What legal requirements should I be aware of when renting a commercial property in the UK?

Ensure the property has the necessary planning permissions for your intended use. You'll need to comply with building regulations, fire safety regulations, and health and safety regulations. Also, check for Energy Performance Certificates (EPCs) and ensure the property meets minimum energy efficiency standards. It's advisable to consult with a solicitor to review the lease agreement.

What are common lease terms and conditions to look out for?

Pay close attention to the length of the lease, rent review clauses, break clauses (allowing you to terminate the lease early), repair obligations, and service charges. Understand who is responsible for maintaining the property and what restrictions there may be on alterations or subletting. Negotiate favourable terms where possible.

What costs are involved in renting a commercial property besides the rent?

Expect to pay a deposit (usually equivalent to several months' rent), legal fees, stamp duty (if applicable), business rates (a local tax based on the property's rateable value), service charges (for maintenance of communal areas), utilities (gas, electricity, water), and insurance. Budget accordingly to avoid unexpected expenses.

What due diligence should I perform before signing a commercial lease?

Conduct thorough research on the property's history, including any previous uses and environmental concerns. Check for any outstanding debts or legal issues associated with the property. Obtain a survey to assess the property's condition and identify any potential problems. It's also wise to investigate the landlord's reputation and financial stability.