More acquisitions for property company

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Bondholder PMW Property continues on its acquisition trail in the East Midlands by announcing the recent purchase of Warehouses and Offices at Weldon Road and Cotton Way, Loughborough.

This new site to the north of Loughborough town centre benefits from good links to the road network close to Junction 23 of the M1. The gated site has car parking and loading space with useable warehouse and office space of circa 54,000 square foot.

Alex Reid, Director of Mather Jamie, agents who marketed the site said: “We are pleased to have completed the sale on behalf of clients and are looking forward to working with PMW Property to bring occupiers back into the buildings which offer a wide range of floor area options.”

The modern factory of steel portal frame construction includes:

  • Gas-fire blower heaters

  • Solid concrete floor

  • Clearance to eaves of 5 metres

  • Roller shutter loading access doors to the front elevation

  • Two storey offices with suspended ceilings

  • Male and female WC’s

  • Kitchen

  • Gas central heating.

Matthew and Victoria Wrigley of PMW Property manage the commercial portfolio of the business and will be overseeing refurbishment and improvement works to the site in readiness for marketing in the Spring. Matthew said: “Demand in our market is high and we believe the ease of access to this site will generate keen interest, especially as the space will offer the opportunity for the end user to move quickly into a trading position.”