Project
BTG Eddisons acquired a 43,154 sq ft industrial unit on Dallow Road, Luton, on behalf of a private investor. The property prominently fronts Dallow Road within a self-contained gated site with ample parking, and offers a high bay warehouse alongside two-storey office accommodation. It sits adjacent to junctions 10 and 11 of the M1, close to occupiers including B&Q, Tradepoint, Aldi, Hertz and Screwfix.
Approach
Having secured the acquisition for the investor, BTG Eddisons went on to let the unit on a 20 year lease. The property's prominent frontage, motorway-adjacent location and strong surrounding occupier line-up supported a compelling proposition for prospective tenants.
Results
The investor now holds a well-let industrial asset, secured on a long 20-year lease, in one of Luton's most established trade and distribution locations. The transaction reflects strong occupier demand for well-specified space close to the M1.
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