Loughborough Magistrates' Court is bought

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Wednesday, March 06, 2013
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Leicester Mercury

The three-storey Loughborough Magistrates' Court complex has been sold for just over £19 million.

It has been bought from a private owner by Legal and General Property.

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    Loughborough Magistrates' Court

The building, in Pinfold Gate, is on a 35-year lease dating from December 2007, when it was completed.

Derek Gilby, of Legal and General Property, said the building provided the company with "a rare opportunity to access secure long dated, core public sector income, with annual increases".

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