157,705 sq ft retail park with 691 parking spaces
Junction 11 RETAIL PARK RETAIL PARK Junction 10a Junction 10
TO LET (7,620 sq ft) A505 GIPSY LANE Schedule of Areas Unit Tenant Area (sq ft) 1a Next 8,755 1b Bensons Beds 6,422 2 Argos 15,153 3 Toys R Us 40,425 4a Carpetright 12,300 4b Poundland 12,536 Unit Tenant Area (sq ft) 5 Pets at Home 10,674 6a TO LET 7,620 6b Halfords 7,438 7 B&Q 36,505 Starbucks (subject to planning) 1,800 McDonald s (subject to planning) 2,600
KEY DETAILS 157,705 sq ft retail park. Serves surrounding affluent towns of Hitchin, Harpenden, Redbourn and St Albans outskirts. Excellent tenant line-up: B&Q, Toys R Us, Argos, Bensons Beds, Carpetright, Poundland, Halfords, Pets at Home and Next. Principal retail warehouse scheme in Luton. 691 parking spaces (1:228 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
SUMMARY Location Situated 0.5 miles to the south of Luton town centre on the A505 (Gipsy Lane). Easily accessible from Junction 10 of the via the dual carriageway A1081 (Airport Way). Catchment Population 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. A summary of the demographic profile is provided on page 4 of this brochure. More detailed demographic information can be provided upon request. Scheme Size 157,705 sq ft, with 691 car park spaces. Planning Consent Open A1 non food retail, with a limit on the amount of fashion. Proposed Refurbishment The landlord is proposing a major refurbishment of the scheme. This is intended to include new elevations, signage, customer entrance features and refurbishing the car park. More detailed information can be provided upon application. Availability Unit 6b (7,620 sq ft) will be available in 2015. Alternatively, a range of unit sizes could be made available, subject to retailers requirements. For further details and timescales, please contact the letting agents. EPC Rating C Tim Hornor t: 020 7758 0403 e: tim@eshp.com Mark Phelps t: 020 7317 3773 e: m.phelps@wilkinsonwilliams.co.uk MISREPRESENTATION ACT Edgerley Simpson Howe and Wilkinson Williams 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 Wilkinson Williams 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 Wilkinson Williams nor any person in their employment has an authority to give any representation or warranty in relation to this property. July 2014. BOWMANS Design & Print 0113 2720088