Prime Warehouse Investment Opportunity: Secure Long-Term Income in Strategic M1 Location Near Houghton Regis, Dunstable
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Single let warehouse investment.
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Long-term secure income to October 2036.
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Located in Houghton Regis, Dunstable, near the M1 and M25.
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Modern high bay (9.5m eaves) warehouse premises.
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19,900 sqft (1,848.77 sqm) GIA.
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Site area of 0.93 acres (0.376 ha), 46% site cover.
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Let to Helapet Limited and Clinimed Holdings Limited (Guarantor), Experian “Very Low Risk”.
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£218,900 pa from October 2026.
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Quoting price £3,438,000, excl VAT
The price reflects a net yield of 6.00% and a reversionary yield of 7.09% based on the current ERV, assuming usual purchasers costs of 6.19%.
Location
Lister House is located on Blackburn Road within the established Townsend Industrial Estate in Houghton Regis, Dunstable. This property benefits from a strategic position near the M1 motorway (J11a), Luton Airport, and the M25, providing excellent connectivity.
Accommodation
The property measures 19,900 sqft (GIA) and features a modern, detached high bay warehouse with a minimum clear height of 9.5 meters, along with ground and first-floor external offices, situated within a secure, self-contained site.
Terms
The property is let to Helapet Limited, with a parent company Guarantee to Clinimed Holdings Limited, both rated as “Very Low Risk” by Experian. Let on an FRI lease dated from 14 October 2011 to 13 October 2036, with no break clause. In 2020 the lease term was extended. The passing rent is £130,000 pa, there is a fixed rent increase to £218,900 on 14 October 2026 . The vendor will top up the rent from completion. The next open market rent review is dated 14 October 2031.