Panattoni secures Pre-Let of 69,000 sq ft unit at Panattoni Park Luton to DETA Electrical
Panattoni, has been working with DETA Electrical, a company who are already based in Luton, to provide a 69,000 sq ft distribution and head office facility.
DETA Electrical celebrated the company’s 60th anniversary in 2018. DETA is well established as a leading supplier to the UK electrical wholesale sector from its central base in Luton and has a strong presence in export. With its head office and distribution centre located in Luton, Deta’s dedicated and long serving team remain passionate and focused on maintaining its highly prized reputation as the number one specification of choice amongst the UK’s leading new build developers.
Gerry Barnett, Managing Director of DETA commented “This new build Distribution Centre will provide the platform for Deta’s future growth. This exciting facility will allow our Team to optimise the advantages for providing our customers with continued highest levels of service, and a growing product portfolio, many of which are already in the pipeline. We have worked closely with the Panattoni team to ensure this facility is exactly what we require. Our staff are looking forward to working in a modern building.”
Panattoni Park Luton is located on one of the most prominent and advantageous sites on the southern M1, immediately adjacent to the newly built junction 11A. The development comprises two units, one of 345,000 sq ft and the one that is Let to DETA. Both Units are under construction and will be available for occupation in Q4 of 2019
DETA have committed to the area which has served their business well and from which it supplies throughout the UK. It is expected that the 345,000 sq ft unit will appeal to other occupiers for the same reasons. Panattoni Park Luton benefits from excellent road connections. Central London is merely 36 miles away and the M1 / M25 intersection is 17 miles to the south.
Furthermore, Luton Airport is eight miles away and the site is within easy HGV drive times of major UK ports including Felixstowe, London Gateway, Southampton and Dover.
Occupiers can also take advantage of a skilled warehousing and logistics workforce within easy driving and cycling distance. The site will also benefit from its own new dedicated bus route and bus stop.
James Watson, Development Director of Panattoni UK, said: “We are pleased to welcome a key local company to Panattoni Park Luton. We have worked closely with the DETA team to deliver for their specific requirement.”
Agents for the scheme are Savills and M1 Agency.
For more information about Panattoni visit www.panattoni.co.uk
For more information about Panattoni Park Luton visit www.ppluton.com