Unit 61/63 Luton, LU1 2LJ

The subject premises is located in a prime position on Melson Street within Frasers Plus Luton Shopping Centre. The unit sits adjacent to Blue Inc and Tesco, as well as sitting opposite Sports Direct and Boots. Frasers Plus Luton has over 900,000 sq.ft. of retail and leisure within the scheme. The scheme is anchored by Sports Direct, Primark, and Boots. Recent openings within the scheme include Black Sheep Coffee, Clarks and Miniso, with the scheme benefitting from an annual footfall of 15.5 million. Please refer to the attached copy of the street traders plan for further details.

Luton is located just outside the M25, to the north of London, with the town benefitting from excellent connectivity, with central London just 26 minutes away by train from St Pancras, and a catchment of approximately 23 million people within a two-hour drive. Frasers Plus is located in the heart of Luton and provides approximately 900,000 sq ft of retail and leisure space across 125 units. The centre attracts 15.2 million visitors annually, with an average dwell time of 75 minutes and 43% of customers visiting 52 times or more each year. Luton has the 3rd youngest population in the UK, with 20% under the age of 16, alongside 24,000 students at the University of Bedfordshire. With 40,000 new homes targeted by 2026, the town is set to benefit from continued population and residential growth. Unit 61/63 is located on the lower mall with surrounding tenants including Superdrug, Boots, Sports Direct and Tesco.