- Loop's fifth acquisition since launch
- A 19,000 sq ft estate of 43 small business units
- Let to local businesses on short-term licences and long-term leases
Loop Asset Management has acquired Space Business Centre on Smeaton Close in Aylesbury, Buckinghamshire, on behalf of its capital partner.
The estate comprises approximately 19,000 sq ft across 43 units ranging from 367 sq ft to 705 sq ft. Each has full loading access, a mezzanine level and natural light. Smeaton Close sits on the edge of Aylesbury, close to the A41 and within easy reach of the M40 and M1.
Space Business Centre brings a different product to the portfolio, aimed at smaller and earlier-stage businesses. Its units suit uses from workshops and storage to studios and offices, and are let on flexible terms inclusive of service charge, with 24-hour access, dedicated parking and shared facilities.
Since launching in 2024, Loop has acquired five estates across regional UK locations, totalling 106,000 sq ft. Clay Street, Gowling and RLB advised Loop on the acquisition. Index Real Estate acted for the vendor.