LUTON RETAIL PARK LU1 3JH - 165,620 sq ft retail park with 691 parking spaces NEW LETTINGS TO - Tritax
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LUTON RETAIL PARK LU1 3JH KITCHENS 165,620 sq ft retail park with 691 parking spaces NEW LETTINGS TO
LUTON RETAIL PARK LU1 3JH Junction 11 M1 M1 LUTON M1 LUTON RETAIL PARK LUTON RETAIL PARK Junction 10a M1 M1 Junction 10
LUTON RETAIL PARK LU1 3JH KITCHENS Schedule of Areas Unit Tenant Area (sq ft) Unit Tenant Area (sq ft) A505 GIPSY LANE 1a Hobbycraft 8,755 5 Pets at Home 10,674 1b Superdrug 6,422 6a Halfords 7,620 2 Argos 15,153 6b Tapi 7,438 3a B&M 20,000 7a Food Warehouse 10,010 3b Next 23,350 7b Wickes 26,939 4a Wren 12,323 Starbucks 1,800 4b Poundland 12,536 McDonald’s 2,600
LUTON RETAIL PARK LU1 3JH KEY DETAILS • 165,620 sq ft retail park. • Serves surrounding affluent towns of Hitchin, Harpenden, Redbourn and St Albans outskirts. • Excellent tenant line-up: Next, B&M, Argos, Wren, Poundland, Halfords, Pets at Home, Wickes, McDonald’s, Starbucks, Hobbycraft and Superdrug. • Principal retail warehouse scheme in Luton. • 691 parking spaces (1:240 sq ft). • Open A1 retail consent other than sale of food or fashion. CATCHMENT/DEMOGRAPHIC INFORMATION • 490,000 catchment population within 20 minute drive time. • Largest sector of the catchment population is Social Grade AB (28.23%), higher than GB average. • Home ownership higher than GB average (72.15%). • Above average representation in all high income groups over £50,000. • Under represented in all lower income groups below £30,000. • Over represented (higher than GB average) in Mosaic Groups, with good levels of disposal income (for example; New Homemakers, Alpha Territory, Suburban Mindsets, Careers and Kids and Professional Rewards). SOURCE: EXPERIAN 2013
LUTON RETAIL PARK LU1 3JH SUMMARY Location Refurbishment Situated 0.5 miles to the south of Luton town The scheme has undergone a full centre on the A505 (Gipsy Lane). Easily refurbishment of the main terrace, with new accessible from Junction 10 of the M1 via the elevations and entrance features. New pod dual carriageway A1081 (Airport Way). units for Starbucks and McDonald’s were built in 2017 and the car park has recently Catchment Population been resurfaced. More detailed information can be provided upon application. Luton Retail Park is the dominant out of town scheme, which serves the surrounding affluent catchment towns of Hitchin, Availability Harpenden, Redbourn and the outlying areas All units are currently let. of St Albans. For further information, please contact the letting agents. Scheme Size 165,620 sq ft, with 691 car park spaces. Planning Consent Open A1 non food retail, with a limit on the amount of fashion. Tim Hornor t: 020 7758 0403 e: tim@eshp.com JAMES CURSON james@cspretail.com Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments. MISREPRESENTATION ACT Edgerley Simpson Howe and Avison Young for themselves and for the vendors of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or a contract. 2. All statements contained in these particulars as to this property are made without responsibility on the part of Edgerley Simpson Howe and Avison Young or the vendors or lessors. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 5. The vendors do not make or give and neither Edgerley Simpson Howe or Avison Young nor any person in their employment has an authority to give any representation or warranty in relation to this property. September 2019. Alamo Design 01924 471114.
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