new units available in luton’s prime leisure destination

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New units available in Luton’s prime leisure destination – subject to vacant possession: 3,034 sq ft 3,153 sq ft Luton Bedfordshire LU1 2NB

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Page 1: New units available in Luton’s prime leisure destination

New units available in Luton’s prime leisure destination – subject to vacant possession: 3,034 sq ft 3,153 sq ft

Luton • Bedfordshire • LU1 2NB

Page 2: New units available in Luton’s prime leisure destination

LOCATIONThe Galaxy Centre is based in the heart of Luton, conveniently positioned 2 minute’s walk from the train station to the east and immediately fronting the regenerated St George’s Square to the south. As the main public square in the town, St George’s Square links the Galaxy Centre on one side with the Mall shopping centre on the other.

Visitors by car can access the town from junction 10 of the M1, which links easily via A1091, A505 and Guildford Road to surface parking (165 spaces) adjacent to the Galaxy within 7 minutes’ drive of the motorway. There are approximately:

PRIMARY CATCHMENT SECONDARY CATCHMENT

15 Minutes Drivetime

267,445 1,103,495

30 Minutes Drivetime

A505

A11

A603

A10

A1

A10

A600

A6

A5

A418

A41

A43

A361

A413A4421

A329

A5

A120

M1

M1

A1(M)

M25

M11

M11

M25

M40

STEVENAGE

HARLOW

BEDFORD

MILTON KEYNES

BRENTWOOD

WATFORD

HIGHWYCOMBE

WARE

ROYSTON

BIGGLESWADE

SAFFRONWALDEN

BISHOP'S STORTFORD

ST ALBANS

HITCHIN

DUNSTABLE

BERKHAMSTED

TRING HEMELHEMPSTEAD

LEIGHTONBUZZARD

AYLESBURY

ST NEOTS

CHIGWELL

BARNET

BICESTER

THAME

LUTONLUTON

“ The Galaxy Centre is a leisure destination forming part of Luton’s vibrant town centre and providing entertainment for all the family”

Page 3: New units available in Luton’s prime leisure destination

DESCRIPTIONThe Galaxy Centre is a leisure destination forming part of Luton’s vibrant town centre and providing entertainment for all the family. The Galaxy provides a busy food and beverage and leisure environment, with existing tenants now include a Cineworld 11 screen multiplex, trampoline park Jump Arena,

The Gym, Nandos, Wetherspoons and MFA Bowl.

AVAILABILITYThe new units will offer A3 use and will be approximately 3,034 sq ft and 3,153 sq ft at ground floor level with additional outdoor seating, subject to obtaining permission from the Local Authority.

Unit Area (sq ft) Rent Per Annum

Unit 1 3,034 £98,500

Unit 2 3,153 £102,500

Page 4: New units available in Luton’s prime leisure destination

TENANCYThe centre provides a total area of 145,496 sq ft. It is currently let as follows:

UNIT 1

VACANT

FIVE GUYS

CAR PARK (1

00)

REFURBISHED HOTEL

ST. GEORGES THEATRE

&

TOURIST INFORMATION

&

LUTON CENTRAL LIBRARY

UNIT 2

VACANT

Outside Seating AreaUnit Tenant Area (sq ft)

Unit 1 Vacant 3,034

Unit 2 Vacant 3,153

Unit 3 Wetherspoons 5,390

Leisure Jump Arena 35,576

Unit A Nandos 3,693

Unit B1 Subway 1,292

Unit C1/C2 The Gym 15,263

Ground Floor

Unit Tenant Area (sq ft)

Cinema Cineworld 42,578

Unit D Kidd n Play 4,687

Unit E Cookies and Cream 2,574

Bowl MFA Bowling 28,256

Upper Floor

Page 5: New units available in Luton’s prime leisure destination

DRAFT // NOT FOR CIRCULATION

Property Director, Nando’s

“ The Nando’s restaurant at The Galaxy Centre, Luton is a consistently profitable unit within the Nando’s portfolio.”

“ The customer experience and restaurant performance will be increased further by the installation of a mezzanine.”

Page 6: New units available in Luton’s prime leisure destination

RUPERT LONGT: 0207 344 6853 E: [email protected]

T: 0207 344 6564 E: [email protected]

JESSICA SHORT

FURTHER INFORMATIONPlease contact Colliers International:

Luton • Bedfordshire • LU1 2NB | January 2017 | Ref: 15122.001

Misrepresentation act

Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. January 2017

Colliers International is the licensed trading name of Colliers International UK plc. Company registered in England & Wales no. 4195561. Registered office: 9 Marylebone Lane, London W1U 1HL.