Lu2on

Price: £20 per sq ft

KEY FEATURES

22 minutes from London by train
30 miles north-west of London by car
A1 – A5 planning use
3270.1 sq ft / 303.8 sqm
Shop fronts installed
Completes early 2021

Located in county Bedfordshire, Luton will see 1.5bn of inward investment to regenerate the town with a transport hub at its heart.

The Lu2on site is well located for the major routes of vehicular and foot traffic as well as the surrounding residential areas. Unit 2 will have a prime position in the award-winning mixed-use 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 group and with a predominant age range between 25-34 – with 47% of households in a married relationship.

description

Retail unit 2 comes with A1 – A5 planning use and sits on the lower ground floor – street level. The unit comprises of 3270.1 sq ft / 303.8 sqm and will be developed to shell and core with installed shop fronts.

Tenure is Leasehold.

The opportunity

Unopposed this unit 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 and an additional 233 households in a recent neighbouring development.

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