Unit A Illuma Park, Gelders Hall Road, Shepshed, Loughborough | Property for sale | Savills
Offers in the region of £1,100,000

Unit A Illuma ParkGelders Hall Road, Shepshed, Loughborough

  • Sole agency
  • Freehold
Investment
Yield 8.9%Yield

Key features

  • Modern self-contained office building
  • 22 car parking spaces
  • 8 EV charging ports
  • NIA 10,347 sq ft (961.27 sq m)
  • Let to For Farmers UK Limited for a term of 5 years from 29 January 2024
  • Current passing rent £103,500 pa
  • Offers in the region of £1,100,000

Modern Office Investment For Sale

About this property

  • The property comprises a modern, self-contained office building, arranged over ground and first floor, and is configured to provide a central reception core with predominantly open plan office accommodation either side, a number of cellular offices suites, five boardrooms and ancillary storage. Externally, the property benefits from superb parking provisions with 22 dedicated spaces to the front of the building with 8 EV charging ports.

Local information

  • Shepshed is a market town and civil parish in the Charnwood Borough of Leicestershire.
  • The property is located approximately 5 miles west of Loughborough, 18 miles south-west of Nottingham and 14 miles northwest of Leicester.
  • The property is located within the Gelder’s Hall Industrial Estate, less than 1.5 miles from J23 of M1 Motorway.
  • It is accessed directly off the A512 Ashby Road which links J23 of the M1 to J13 of A/M42 at Ashby de la Zouch.

Additional information

  • The entire building is entirely let to For Farmers UK Limited for a term of 5 years, commencing 29th January 2024 at a passing rent of £103,500 per annum.
  • The lease is subject to a tenant only break clause in the 3rd anniversary, subject to 6 months’ notice.
  • Additionally there is a rent review clause in the 3rd anniversary to the Open Market Rent.

Energy performance

37B

Available space

OfficeSq FtSq M
Total NIA10,347961.27