Investment.

Loughborough.

Carillion Court Shopping Centre, LE11

Map View

Status.

Sold on 01/04/2015

Price.

£14,200,000

Location.

Loughborough is a popular and vibrant Leicestershire market town with a rich industrial and cultural heritage and home to the internationally renowned University Campus. The town is located approximately 19km (12 miles) north of Leicester, 29km (18 miles) south of Nottingham, 66km (41miles) north-east of Birmingham and some 182km (113 miles) north of London.

Description.

Carillon Court was built in 1972 and was subsequently extensively reconfigured and refurbished in 1992 to provide a partially enclosed shopping centre with entrances from Market Place (main), Market Street and Swan Street. The scheme has an accompanying multi-storey car park with its ramped entrance in Derby Square adjacent to the centre’s rear servicing area and cleared future development site.The property comprises approximately 72,675 sq ft or retail accommodation in 36 units, predominantly arranged with ground floor retailing, first floor ancillary but some units with additional first floor sales. There is a also a retail unit and kiosk fronting pedestrianised Market Street as well as other kiosks, a first floor cafe and a small element of office accommodation on the first floor.

Rent.

£1,335,000.00 per annum exclusive

Tenure.

Freehold

Yield.

9% NIY

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

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abrdn

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La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

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DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson