Our agency team has negotiated another successful sale in Lutterworth town centre as 9 High Street is acquired by a local property developer.
M2 Properties Ltd has completed the purchase of the 4,098 sq ft premises in a transaction managed by our Asset Manager, Bobby Brown. Sold for an undisclosed sum, 9 High Street is arranged over four floors, with the ground floors occupied by Subway.
M2 Properties’ Director, Simon Manley said: “With its prominent location and the popular Subway retail store being a longstanding tenant, this property presented an attractive investment opportunity. It’s our intention to convert the building’s upper floors into residential apartments, which we are confident will appeal to young professionals looking to be located centrally among the town’s comprehensive amenities.
“It was a pleasure working with Bobby throughout this sale. He ensured the transaction progressed smoothly and efficiently, and we would welcome the opportunity to work together on future projects.”
Bobby adds: “This deal reflects continued confidence in commercial properties that are well-positioned, particularly in market towns with good travel connections. It’s great to see Simon and his team complete this freehold purchase and we look forward to the transformation of the upper floors into new apartments for Lutterworth.”
