15155 sq. ft (1407.95 m²)
Key features
- Part Income Producing
- Value-Add (Refurbishment)
- Planning Consent Approved
- Strong Industrial Market
Description
PLOT 1: Located to the front of the estate and comprising of Unit A, A1, A2, A3, B, B1, B2, C and C1. These units are occupied, producing £74,000 pa in rental income.
PLOT 2: Located to the rear of the estate and comprising of Unit D, E, F and H. These units are vacant and require refurbishment.
Our client has secured planning consent for the demolition of the rear units and the construction of three industrial units, arranged over ground floor and mezzanine. Further information on the consented scheme is available on the Luton Borough Council Planning Portal - planning ref: 25/00738/FUL.
The Sunrise Industrial Estate is situated within the High Town/Round Green area of Luton, accessed off Hitchin Road (A505), which is one of the main arterial routes through the town, providing access to the wider A-road network and motorways. The surrounding area comprises a mixture of residential, retail and industrial premises.
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