Commercial People has learned that a major Bollywood movie company is looking to set up a UK studio after agreeing on a deal to let a warehouse in Luton, Bedfordshire.
Announced by commercial property consultants Kirkby Diamond, the deal will see established Indian film production and distributor Pooja Entertainment (formerly Bunny and Divi Entertainment Ltd) take a 20-year lease on The International Wine Centre unit at Dallow Road industrial estate.
The 43,154 sq ft warehouse was acquired last year by a private investor in an off-market deal brokered by Eamon Kennedy, Executive Partner and Head of Agency and business development at Kirkby Diamond. The new owner then instructed the company to market the property for let.
Commenting on the lease with Pooja, Eamon said: “Attracting such a successful movie production company to Luton is a major coup, and we are excited to see how the business develops once it has settled in its new headquarters.
“Pooja’s studios will generate skilled and creative job opportunities in a booming sector and we are pleased to have played our part in bringing them to Bedfordshire, to an excellent warehouse in a first class location.”
The high bay warehouse offers two-storey office accommodation and is located adjacent to junctions 10 and 11 of the M1 motorway. Nearby occupiers include B&Q, Tradepoint, Aldi, Hertz and Screwfix.