Waldron Court, Prince William Road, Loughborough, LE11 5GD

The development comprises a 7 unit scheme totalling 1,488 sq m (15,991 sq ft), with units ranging from 172 sq m (1,845 sq ft) to 385 sq m (4,143 sq ft).

The development comprises a total of 6 light industrial/warehouse units and a unique feature building providing high quality open plan office/showroom accommodation on two levels with an integral warehouse. The standard warehouse/industrial units are of steel portal framed construction with elevations of cavity brick and blockwork and lined insulated profiled steel cladding under similarly clad pitched roofs. Floor slabs are of solid concrete and the height to the underside of the eaves is approximately 5.48m (18ft).

Each unit has vehicular access provided to the front elevations by way of steel roller shutter doors with separate adjacent pedestrian access points. The base specification allowed for the construction within each unit of an administration facility comprising a reception area, kitchenette and WC. Some of the tenants have constructed additional office and administration space within the units at their own cost.

Loughborough’s location adjacent to J23 on the M1 corridor is at the geographical centre of the combined regions of the East and West Midlands.
Waldron Court is located on Prince William Road close to its junction with Jubilee Drive in the heart of the Belton Park/Woodbrook Park Industrial Estate. This development has proven exceptionally popular since it was built in 1998. Units here are always highly sought after, given their high profile.

Freehold, subject to and with the benefit of the occupational leases.

Offers are invited in excess of £2,500,000 (two million five hundred thousand pounds) reflecting a net initial yield of 5.526% allowing purchasers costs of 6.38% and a reversionary yield of circa 6.39%.

Please contact the marketing agents for further information.

The rent is subject to VAT charged at the prevailing rate, the sale can be treated as a TOGC for VAT purposes.

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.