Retail / Properties / Luton Retail Park Luton, LU1 3JH

  • Single Property

Description

Luton Retail Park is the dominant out of town scheme, which serves the surrounding affluent catchment towns of Hitchin, Harpenden, Redbourn and the outlying areas of St Albans.

The scheme has undergone a full refurbishment of the main terrace, with new elevations and entrance features. New pod units for Starbucks and McDonald’s were built in 2017 and the car park has recently been resurfaced. More detailed information can be provided upon application.

Location

Luton Retail Park is situated 0.5 miles to the south of Luton town centre on the A505 (Gipsy Lane). Easily accessible from Junction 10 of the M1 via the dual carriageway A1081 (Airport Way).

Use Class

A1 – Open non-food, with a limit on the amount of fashion.

Availability

All units are currently let. For further information, please contact the letting agents.

Demographics

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).

James Curson

Luke Sowerby

Plan & Tenancy

Unit Tenant sq ft (sq m)
1a Hobbycraft 8,755 (813)
1b Superdrug 6,422 (597)
2 Argos 15,153 (1,408)
3a B&M 20,000 (1,858)
3b Next 23,350 (2,169)
4a Wren Kitchens 12,323 (1,145)
4b Poundland 12,536 (1,165)
5 Pets at Home 10,674 (992)
6a Halfords 7,620 (708)
6b Tapi Carpets 7,438 (691)
7a The Food Warehouse 10,010 (930)
7b Wickes 26,939 (2,503)
Pod A Starbucks 1,800 (167)
Pod B McDonald's 2,600 (242)