For Sale
On behalf of joint-fixed charge receivers
Napier Gateway: Phase 3 & 4
Kimpton Road, Luton Lu2
1.64 acres of cleared land with planning permission for a 209-bed hotel and a Medical Wellbeing Centre, forming Phase 3 & 4 of a wider scheme.
Freehold, cleared parcel of land with planning permission for a 209-bed hotel, a medical wellbeing centre along with 229 parking spaces, totalling 13,820 sqm (148,758 sqft). The proposed structure will range from 10-15 stories
Extant Planning Consent (Ref:16/00900/FULEIA) for “Erection of 685 flats comprised of 424 one bedroom and 261 two bedroom units, Retail and Leisure (Class A1-A5 / D2), Hotel comprising of 209 bedrooms, conferencing and banqueting facilities (Class C1), Medical Wellbeing Centre (Class D1) together with landscaping, car parking, new access and associated works”
Currently being used for car parking
Potential to use the bulk and massing of the existing consent for other uses, subject to the necessary planning applications
Directly opposite Luton Parkway station (Thameslink & East Midlands Railway), offering excellent connection to Central London (24 mins), Bedford, (18 mins), St Albans (13 mins), Brighton (1hr 52 mins) and Gatwick (1hr 18 mins). Luton Airport can also be accessed via the same terminal, using the Dart funicular service. (Source: Google Maps)
Benefit of a Lease to Airport Parking Luton Limited until 22/12/2029 at a passing rent of £100,000 per annum (subject to a six-month break clause)
For Sale Freehold on behalf of Joint Fixed-Charge Receivers
