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Luton Industrial Estate Secures 23 Lets

Commercial People has learned that a Bedfordshire industrial estate is now fully let following the completion of 23 lettings.

The commercial property consultant Kirkby Diamond announced today that they had concluded the final let at the in-demand Britannia Estate, in Leagrave Road, Luton.

The large multi-let industrial estate, together with a separate 29,489 sq ft office property, known as Britannia House, features 58 industrial and warehouse units with a total area of 293,912 sq ft.

Since being instructed 18 months ago, Kirkby Diamond, acting on behalf of landlord Petchey Holdings, has completed 23 lettings totalling 150,667 sq ft, ranging in size from 632 sq ft to 41,500 sq ft.

New Tenants include Origins Inc, Carissima, EAE Tutoring, Biker Gear Australia, Wallcano Tiles, Wiz Motors, SP Wholesale, 4mongery, International Machine Tool Group, World of Furniture and The Attic Guys.

Agency surveyor Lyanne Jacob said: “It’s fantastic to see the ‘no vacancies’ signs go up at Britannia Estate. Since we were instructed to market the units, we have attracted a huge amount of interest, and our hard work has paid off with the completion of 23 new lettings, including one that [was] completed in just three days.

“It really is a tremendous result for Petchey Holdings, particularly under the current difficult economic circumstances. As a firm, we have let over half of the total space on the estate.”

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