Summary - 80 - 81 WOODGATE LOUGHBOROUGH LE11 2XE
1 bed 1 bath Commercial Development
**Key Features:**
- Centrally located in Loughborough Town Centre
- Large commercial property with a freehold tenure
- Significant development potential (previous planning consent for flats)
- Currently leased to established tenants generating steady income
- Total size: 5,227 square feet, includes office space and car park
- High crime rate in the area; potential mortgage challenges due to lease length
This 5,227 square foot commercial investment portfolio presents a unique opportunity for savvy investors in Loughborough. The striking Edwardian building houses 23 well-appointed offices currently let to Moss Solicitors LLP, ensuring a stable rental income of £24,000 per annum until 2033. The property’s prime location enhances its appeal, being surrounded by a variety of shops, cafes, and public amenities—perfect for attracting foot traffic. The adjacent car park, leased to multiple users, offers the potential for up to twelve residential units, subject to planning permissions, unlocking significant future value.
However, prospective buyers should be aware of the building’s current lease situation, as mortgage lenders may hesitate due to the short remaining term of just 10 years. Additionally, while the commercial property is well-maintained, considerations around local crime rates and urban deprivation may be a concern. Nevertheless, with planning opportunities and a central location, this property is a compelling option for investors keen on capitalizing on the growing demand for mixed-use developments in vibrant, student-oriented neighbourhoods. Don’t miss this chance to explore your options in an area poised for growth!
Commercial development for sale in Investment Portfolio, Woodgate, Loughborough, LE11 — £1,060,000 • 1 bed • 1 bath • 5227 ft²
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