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Lu2on

Price: POA

KEY FEATURES

A1 – A5 planning use

5371 sq ft / 498.9 sqm

Potential to increase by 219 sqm on mezzanine

Shop fronts installed

Completes early 2021

Located in county Bedfordshire, just 30 miles north-west of London and 18 miles south-east of Milton Keynes is part of a £400 million regeneration project with a transport hub at its heart.

 

Unit 1 will have a prime position in the award-winning mixed-use Lu2on development, which sits on a busy traffic route (Kimpton Road) into the town centre from the M1 and airport. Kimpton Road also benefits from several local bus routes, and the unit will also benefit from the proximity of the site to Luton Parkway Station.

 

This catchment area has a higher proportion of economically active people than the rest of Luton, mostly in the ABC2 socio-economic category and with a predominant age range between 25-34 – with 47% of households in a married relationship.

 

The site is located well for the major routes of vehicular and foot traffic as well as the surrounding residential areas.

description

Retail unit 1 is available with A1 – A5 planning use and sits on the lower ground floor with a potential mezzanine level available for tenant fit-out.

The unit comprises of 4884.7 sq ft / 453.8 sqm with a further 219 sqm / 2357.2 sq ft potential mezzanine. The unit will be developed to shell and core with installed shop fronts.

Tenure is Leasehold.

The opportunity

Unopposed these units will provide the primary retail including for the new community, local area and up-coming new builds in the surrounding area. Benefitting directly from 877 households in the development, an additional 233 households in a recently developed neighbouring development.

 

This particular unit has the potential to increase the floor space with the fit-out of a mezzanine level.

 

To know more contact

RICHARD

Commercial Asset Manager

richard@strawberrystar.com