Mountfields House, Epinal Way, Loughborough, Leicestershire, LE11 3GE

Description

The subject property is a detached building arranged partly over two storeys and partly over three storeys, with a two compartment basement. It is a 19th century building of traditional construction with beige brick elevations beneath a pitched slate roof. Windows are a mix of timber single glazing and UPVC double glazing. Formerly offices, the property is now in educational use, with reception, classrooms, kitchen, staff rooms and WCs, classrooms and offices above, a roof space second floor with reduced headroom and basement storage.

Location

The subject property is located to the south west of Loughborough and accessible off the A6004 (Epinal Way) which links onto the A6 to the south leading towards Leicester and is also the main road into the University campus to the north.

Summary:

Education facility investment opportunity

Let to Compass Children's Homes Limited

Passing rent of £47,200 per annum

Freehold

Net initial yield of 8.03%