Industrial, Investment

Tools you can trust: NG seals deal to sell prime Loughborough trade counter unit

We’ve completed  deal to sell a high-quality trade counter unit on a prime spot in Loughborough.

The building, on Prince William Road in the Leicestershire town, was sold by our Managing Director Richard Sutton on behalf of a longstanding client to clients of well-known Leicester-based Chartered Surveyor Peter Tew.

The 3,827 sq ft unit is let to Toolstation until August 2028 and was sold for an undisclosed sum. The property is located on the corner of Prince William Road and Jubilee Drive just off Belton Road at the entrance to the Belton Park Industrial Estate approximately 1 mile from Loughborough town centre and 3 miles from J23 of the M1 Motorway.

Richard said: “Unsurprisingly, we saw high levels of interest in this unit given its prime position in Loughborough aligned with the rare opportunity to acquire a prime trade unit on a freehold basis at the entrance to Loughborough’s premier industrial area.

“The deal has been a success for everyone involved. I’ve known Peter for a long time and, as always, it’s been a pleasure doing business with him.”

Paul Hinchliffe at Nelsons provided legal advice on the sale for the vendors.

He said: “Working on behalf of the sellers and with Richard was a pleasure. Working collaboratively to overcome challenges and achieve the seller’s goal of completion is always the aim of the game.”