80-81 Woodgate 8,020 sq ft Office Property Loughborough LE11 2XE £525,000 (£65.46/sq ft)

A unique opportunity to purchase a significant let investment portfolio, centrally located within Loughborough Town Centre. The portfolio consists of two separate office building and a car park which has significant future development potential. A variety of commercial leases are in place on the various elements of the portfolio.
The property is currently let to Moss Solicitors LLP and benefits from well-proportioned office accommodation split over two floors and is currently divided into twenty-three private offices, a meeting room, reception area, safe room, and a range of storage cupboards. In addition to this, a variety of W/C facilities and utility spaces are available. Two separate cellars provide useful storage areas and are both accessed from the ground floor. Externally the property benefits from a secure yard area and a range of outbuildings and sheds currently utilised for storage.
The property is initially being offered for sale by Private Treaty. The vendor reserves the right to conclude the sale by an alternative method if required.
The current lease was agreed in October 2023 with a contractual term until 30th April 2033. The current rent is £24,000 per annum with a review date set for 30th April 2028. A tenants break option exists for 30th April 2028. Further information on specific details of the current lease agreements is available by request.