The property is a 1970s office building comprising basement, ground and three upper floors. The tenant is due to undertake an extensive refurbishment imminently. The cost estimate as of March 2016 was circa £360,000, including circa £130,000 budgeted for M&E. However it is believed that the works will surpass this gure and are likely to be closer to £500,000.
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 12 miles (19.3 km) north of Leicester, 15 miles (24.1 km) south of Nottingham, 39miles (62.8 km) north east of Birmingham and 110 miles (177.0 km) north west of London. The town benefits from excellent road communications being located on the A512 (Ashby Road)which connects with the M1 Motorway (J23) 3 miles (4.8 km) to the west of the town centre. The A6 (Leicester/Loughborough Road) links to Leicester City Centre 11 miles (17.7 km) to the south, accessible from junctions 21 and 21a of the M1.