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Mather Jamie sells Coalville office complex11th December 2012


Mather Jamie has secured an investment sale on Enterprise House,  an 11,298 ft² office complex, with ten self-contained office suites in Ashby Road, Coalville. 

The firm has also successfully found new tenants for two of Enterprise House’s office suites in the last year and has only one suite now available.

Alex Reid of Mather Jamie said: “Enterprise House is a high yielding, multi-let office investment that Mather Jamie has dealt with for the past ten years. We have successfully kept vacancy rates down by sourcing new tenants for the site and this has allowed us to secure a good sale price. This was done through active Asset Management with Cedarwood. We put a schedule of works together to improve the property that lead to lettings and the subsequent sale.

“The office complex is made up of ten units, based around a central courtyard, with units ranging from 807 ft² to 1,886 ft² and separate access to each unit. The site is an excellent investment, as it offers potential development opportunity and its location on the A511 trunk road is a big draw for local businesses, as it allows for very good access to Junction 22 of the M1 and Junction 11 of the M42.

“We now have Unit 4 with 759 sqft available (including two car spaces) to let for £6,500 per annum.” 

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