TypeRetail Investments
LU1 6a Dunstable Road, Luton
TenureFor sale
Specification
- Building size
- Building size 31.59 sqm
- Property type
- Property type Retail Investments
- Tenure
- Tenure For sale
Description
A ground floor single storey mid-terrace retail investment located on Dunstable Road, one of Luton's main thoroughfares. The property benefits from prominent frontage facing on to Dunstable Road.
The unit is currently let to a renowned local hairdressers for a term of 8 years commecning from the 1st June 2021 with a passing rent of £11,400 per annum. There are coterminous rent reviews and break clauses in every third year of the term and on the 31st of May 2029.
Retail investment let to a renowned local hairdressers
Prominent double retail frontage facing on to Dunstable Road
Current tenant has occupied the property for a number of years
Opportunity to achieve a rental uplift at next review
Location
Located on Luton's most prominent thoroughfare with double retailing frontage.
The property is within a short walk from the The Mall and Luton Galaxy, with nearby occupiers including Nando's, Costa, T K Maxx, Primark, and many other national retailers.
Luton's mainline railway station is within walking distance, with a direct link to London St Pancras in approximately 30 minutes.
J10 of the M1 Motorway is within 1.8 miles (2.83 km).
Amenities
Retail investment let to a renowned local hairdressers
Prominent double retail frontage facing on to Dunstable Road
Current tenant has occupied the property for a number of years
Opportunity to achieve a rental uplift at next review



