800 The Boulevard, Capability Green, Luton, LU1 3BA

800 The Boulevard offers a rare opportunity to acquire a headquarters office investment with long term, secure income in the UK’s best connected town for business.Located within the ‘Golden Triangle’ of Cambridge, Oxford and London.Capability Green is the premier M1 business park and is home to the UK headquarters of a number of multi-national companies due to its exceptional communications.Strategically positioned 1 mile from the M1, 1 mile from Luton Airport Parkway station and 2 miles from Luton Airport.Luton Airport Parkway station has eight trains per hour to Central London with a fastest journey time of 24 minutes.Luton Airport is the fastest growing major London airport and is undergoing a £110 million upgrade.800 The Boulevard comprises a self-contained Grade A headquarters office building totalling 52,752 sq ft.268 car parking spaces providing an excellent ratio of 1:185 sq ft.Freehold.Let to Impellam Holdings Ltd with a guarantee from Blue Arrow Ltd for 13.7 years term certain.Passing rent of £972,000 per annum equating to a low rate of £18.43 per sq ft overall.Luton’s out of town Grade A vacancy rate is currently just 1% with prime rents now at £22.00 per sq ft highlighting the reversionary potential.Impellam Holdings Ltd and Blue Arrow Ltd both have a D&B rating of 5A1.Offers are sought in excess of £15,200,000 (Fifteen Million, Two Hundred Thousand Pounds), subject to contact and exclusive of VAT.A purchase at this level reflects a net initial yield of 6.00% exclusive of purchaser’s costs of 6.73% and a capital value of £288 per sq ft.

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