The integrity of the refrigerant chemical mix degrades as a result of the physics involved when being converted from a liquid to a gas & vica versa due to expansion & contraction.
It's related to usage more so than age.
Second hand prices are low because if the equipment is faulty the cost of repair can be un-economical compared to the cost of new equipment at the budget end of the market.These prices are also more of a reflection of the scrap value of the copper & aluminium components.
Equipment longevity is directly proportional to cost.As in most things you get what you pay for.
Your view on a/c is typical in that you seem to associate it as a technology usefull only in hot weather,IE:- a summer only seasonal requirement.Some equipment also has a heating capacity which is valuable in cooler months.
Therefore in order to make a selection best suited to your needs you should decide if your occupancy & use is year round or otherwise.
Is this a business expense deductible against corporation tax?
Does your rental agreement have conditions which impinge on equipment selection?
If you want it only for the occasional hot weather season a cooling only unit from Curry's or B&Q & the like is probably the most cost effective
This
http://www.fastlec.co.uk/toshiba-powered-portable-mobile-air-conditioner-9000btu-p-16064.html?utm_source=googlebase&utm_medium=feedmanager&gclid=CPiiyKuk1r4CFUn4wgodW5AAuQ#.U4nbQmdOXoYunit enjoys a good reputation.
If you decide to acquire such as this ..........(I'll PM you with the remainder of this comment which is sufficiently controversial for it to be unwise for it to appear on an open forum)