Summary - 80 - 81 WOODGATE LOUGHBOROUGH LE11 2XE
1 bed 1 bath Commercial Development
**Standout Features:**
- Large multi-unit investment portfolio in Loughborough Town Centre
- Consists of two office buildings and a car park
- Significant development potential with past planning permission for residential units
- Freehold tenure; no chain
- Good leasing contracts in place with established businesses
- Central location with strong visibility and access to amenities
- Tenancies with rental income: approx. £24,000 annually from one building, £12,000 from the second, and £12,300 from the car park
**Potential Concerns:**
- High crime rate in the area
- Approximately 9 years remaining on the current leases; mortgage lenders may have difficulty financing
- Planning permission is lapsed; a new application may be required
- The investment portfolio spans older buildings with a need for potential renovations
**Summary:**
Discover a unique investment opportunity in the heart of Loughborough with this extensive portfolio of commercial properties on Woodgate. This sizable offering includes two traditional brick office buildings, one currently let to a reputable solicitors' firm and the other serving as an educational space, both contributing to consistent annual rental income. The additional secure car park, situated at a prime location, already generates steady revenue while promising future development potential; planning permission has previously been granted for up to twelve residential units on this brownfield site.
Although the property has its challenges—such as a high crime rate and limited years left on existing leases—the overarching appeal lies in its prime central location, strong community ties, and proximity to local amenities. This property offers excellent visibility and accessibility, making it an ideal choice for investors looking to capitalize on the growing demand for mixed-use spaces in urban environments. With its significant size and potential, this portfolio won't last long—act fast to secure a slice of this promising investment!
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