Trade counter investment unit up for grabs

The deadline to submit offers for a trade counter investment in Loughborough is fast approaching.

The 3,827 sq ft Toolstation unit on Prince William Road in Loughborough is for sale, with NG Chartered Surveyors inviting offers over £750,000.

It is currently leased to Toolstation on a 12-year lease expiring in August 2028, with a current rent of £42,000 per year until the end of the term.

Offers for the investment opportunity must be submitted by 12 pm on Thursday, 25th July 2024.

Richard Sutton, managing director at NG Chartered Surveyors, said: “Matters are being drawn to a close with best bids invited this Thursday for this prime trade counter unit. This is a rare opportunity to acquire a prime freehold trade counter at the entrance to Loughborough’s premier industrial area.

“Toolstation is a high-quality tenant, with profits for the year-ending December 2022 of £15m. The location of the property is highly desirable at the entrance to what is arguably Loughborough’s premier industrial area opposite Loughborough’s B&Q Depot.”