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2 Forest Rd

2,740 SF Office Building Loughborough LE11 3NP £700,000 (£255/SF)

Office Space Leicestershire Loughborough 2 Forest Rd, Loughborough, LEC LE11 3NP

Investment Highlights

  • Centrally located within the market town of Loughborough
  • Direct frontage onto Forest Road
  • Development Potential STPP

Executive Summary

The property is held Freehold subject to and with the benefit of the occupational lease.

The property is currently let to Latham and Co solicitors for a term of 6 years from 12th April 2023 on a contracted out lease.
The current passing rent is £20,000 per annum. The rent will increase to £25,000 per year from 2026 until the end of the contractual term.

Attachments

Marketing Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,740 SF
Building Class
C
Year Built
2000
Price
£700,000
Price Per SF
£255
Tenancy
Single
Number of Floors
3
Typical Floor Size
913 SF
Building FAR
0.35
Lot Size
0.18 AC
Parking
13 Spaces (4.74 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Demised WC facilities
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+44 1509 243720

Contact

  • Listing ID: 34184704

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 2 Forest Rd, Loughborough LE11 3NP

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2 Forest Rd
+44 1509 243720 x

2 Forest Rd

Edward Higgins

+44 1509 243720

+44 1509 243720

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