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The Opportunity
The site extends to circa 2.35 acres (0.95 hectares), is broadly rectangular in shape and currently comprises B1 office buildings, totalling approximately 37,598 sq ft (GIA). The current site coverage is circa 18%.
The main office building is of brick construction with a mansard style second floor. This building connects through an external walkway to 223 Oakley Road. This period building was previously used as a public house that is now used as offices. The site currently provides approximately 250 uncovered car parking spaces and has a single point of access for vehicles and pedestrians off Addington Way.
Location
Leagrave is an attractive suburb of Luton approximately 2.4 miles (3.9 km) north-west of central Luton. It is a popular commuter destination with direct trains to central London, Luton and Gatwick Airport via London Thameslink. The immediate area provides a good range of local facilities and amenities including primary and secondary schools, leisure and retail.
The site is located on the west side of Oakley Road, to the south of its junction with Ely Way and is bound by Ely Way to the north, Addington Way to the south and a BUPA care home to the west. Access is currently via Addington Way.
The site is located in a predominantly residential area of largely terraced and semi-detached housing. Electrolux’s UK headquarters are located 200m to the south.