Home Tiles, the fastest growing independent tile retailer in London and the south east, has signed a 10-year lease with a break option at year 5 for the 10,260-sq-ft Unit 14b on Cosgrove Way, which has been fully refurbished.
Cosgrove Trade Park, which Dunmoore has established as one of Luton’s premier trade destinations, is already home to a number of national trade brands including TLC, Euro Car Parts, Mr Clutch and Northgate.
The estate is part of Dunmoore’s expanding Made for Trade-branded trade counter portfolio, which it is looking to grow with further acquisitions.
Andrew Scott, Investment Surveyor, said: “We are delighted to welcome Home Tiles to the estate and add to what is already a very strong tenant line-up.
“Given the unit only became vacant towards the end of last year, the speed of this letting is testament to our understanding of the sector and further reinforces Cosgrove Ways standing as one of the areas premier trade destinations.
“Our growing Made for Trade portfolio continues to perform well. This letting was the sixth to complete in six months and we are looking forward to more acquisitions in 2022”.
Dunmoore was advised by Adroit.