Shop business space snapped up | Midlands Property News

A retail, leisure and business store on the grounds of a 15th-century estate has sold for millions of pounds.

Situated in the countryside three miles from Leicester city center, the rural center of Stoughton Grange is home to many businesses, including the Cow and Plow Public Inn.

The site has now been sold by Innes England on behalf of the cooperative group, which owned it for over a century.

Matt Howson, Director of Innes England, said: “When we took over management in 2016 we had a clear mandate with our client, the Co-operative Group, to really improve Stoughton Grange Rural Center through proactive asset management .

“The objective was to improve the rental mix, to increase the rental mass and, ultimately, to have a fully leased and functional site.

“We exceeded all of the targets we set for ourselves in 2016 and the site now offers an excellent working environment for all of our tenants and their visitors. “

Rob Bignold, Head of Special Assets at the Co-operative Group, added: “Matt and the Innes England team were instrumental in securing this deal, going above and beyond, so a big thank you to them.

“There were complex negotiations in which Matt and the entire consulting team guided us, and we are delighted with the outcome.

“This would not have been possible without the hard work, dedication and effort they have put into this site since 2016 and it is a real achievement. We wish the new owners, with Innes England acting on their behalf, the best of luck for the future. “

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