ACRE Capital are pleased to have advised L&G on the sale of Sovereign Park, Laporte Way, Luton, a modern 75,292 sq ft mid-box industrial estate comprising four fully-let well-specified units. Located just 1.5 miles from Junction 11 of the M1 and close to London Luton Airport. Units 1–3 have recently been refurbished to an institutional standard, while Unit 4 operates as a mission-critical switch centre for EE, supporting a highly reversionary income profile and strong future rental growth prospects.
Location: Luton
Property Type: Multi-let Industrial Estate
Transaction Type: Investment Disposal
Client: L&G
