Warehouse / industrial facility for sale in Luton

This property is marketed by:
Colliers

Key features

• 0.83 acres
• Highly prominent
• B8 use
• Large self-contained yard
• Freehold
• Low site coverage of approx. 14%
• Redevelopment potential STPP
• Established trade counter location

Location

The property sits within the Bedfordshire town of Luton and benefits from excellent connectivity. The site is situated on the corner of Cosgrove Way (an established industrial location) in a prominent position. Cosgrove Way provides direct access to Dallow Road, leading to Hatters Way, one of the main arterial routes between Luton and Dunstable town centres. Luton Town centre itself can be reached in approximately 7 minutes' drive at a distance of c. 2 miles. Junction 11 of the M1 is directly north of the subject property at a distance of approximately 1.2 miles and an estimated drive time of 6 minutes. Occupiers in the area include Aldi, B&Q, Hanson and Screwfix.

Public transport connections are also good. There is a regular bus service provided from the corner of Dallow Road, directly to Luton town centre and train station. Luton train station itself sits approximately 2 miles from the site and provides a fast service twice hourly to London St Pancras with an estimated time of 26 minutes.

Description

The property consists of one industrial unit with ancillary office space sitting on a site of 0.83 acres. The built area itself totals 6,078 sq ft, giving a low site cover of circa 14%. There is a significant area of open storage land to the western edge of the property with a hard surfaced level finish.

The warehouse provides 4 manually operated concertina doors to the eastern elevation. The warehouse space is split into two sections with 3 storerooms in the middle. The space provides a 4.5m eaves height throughout and a flat roof. The adjoining office space sits over two floors. On the ground floor accessed through the main entrance is the trade counter. Sitting behind this through clear glass divisions is the main office space. Also on the ground floor there is additional storage and toilet facilities. The main board room, meeting space and breakout areas are located on the first floor which also provides for additional toilet facilities.