PROPERTY INVESTMENT

CAPABILITY GREEN, LUTON

Endurance Estates purchased with a high net worth individual in an LLP structure this well located office park investment.

30% was vacant at purchase in January 2010 and recent lettings to TGI Fridays and Handels Bank have taken the initial yield to over 13%. Further units are being let and the property will be sold or retained as a long- term investment once the letting s have been concluded.

The scheme occupies an excellent location at the entrance to Capability Green and comprises nine two-storey office buildings set in an attractive landscaped environment. The accommodation benefits from comfort cooling raised floors, suspended ceilings with Category II lighting and a car parking ratio of 1:280 sq ft. The total site area is 3.078 acres.

Capability Green

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