LUTONRETAIL PARK LU1 3JH

K I T C H E N S

165,620 sq ft retail park with 691 parking spaces

NEW LETTINGS TO

M1

M1

M1

M1

M1

Junction 11

Junction 10

Junction 10a

LUTON

LUTONRETAIL PARK

LUTONRETAIL PARK

LUTONRETAIL PARK LU1 3JH

A505 GIPSY LANE

TO LET6,422 sq ft

KIT

CH

EN

S

TO LET8,755 sq ft

Unit Tenant Area (sq ft)1a TO LET 8,7551b TO LET 6,4222 Argos 15,1533a B&M 20,0003b Next 23,3504a Wren 12,3234b Poundland 12,536

Unit Tenant Area (sq ft)5 Pets at Home 10,6746a Halfords 7,6206b Tapi 7,4387a Food Warehouse 10,0107b Wickes 26,939Starbucks 1,800McDonald’s 2,600

Schedule of Areas

LUTONRETAIL 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 and Starbucks.

• 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 goodlevels of disposal income (for example; New Homemakers, Alpha Territory,Suburban Mindsets, Careers and Kids and Professional Rewards).

SOURCE: EXPERIAN 2013

LUTONRETAIL PARK LU1 3JH

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.October 2018. Alamo Design 01924 471114.

Tim Hornort: 020 7758 0403 e: tim@eshp.com

Mark Phelpst: 020 7317 3773 e: mark.phelps@avisonyoung.com

Location Situated 0.5 miles to the south of Luton towncentre on the A505 (Gipsy Lane). Easilyaccessible from Junction 10 of the M1 via thedual carriageway A1081 (Airport Way).

Catchment PopulationLuton Retail Park is the dominant out of townscheme, which serves the surroundingaffluent catchment towns of Hitchin,Harpenden, Redbourn and the outlying areasof St Albans.

Scheme Size 165,620 sq ft, with 691 car park spaces.

Planning Consent Open A1 non food retail, with a limit on theamount of fashion.

Refurbishment The scheme has undergone a fullrefurbishment of the main terrace, with newelevations and entrance features. New podunits for Starbucks and McDonald’s werebuilt in 2017 and the car park has recentlybeen resurfaced. More detailed informationcan be provided upon application.

Availability Unit sizes of 6,422 sq ft and 8,755 sq ft areavailable with potential to combine to createcirca 15,200 sq ft. For further details andtimescales, please contact the letting agents.

SUMMARY

LUTONRETAIL PARK LU1 3JH