£179,950

Retail premises for sale

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Leasehold

£179,950

Retail premises for sale

Market Street, Loughborough LE11

Available immediately

Local area information

Property location

Nearby amenities

  • ASPIRE: Lifeskills Learning Centre (SEN) 0.1 miles
  • Fairfield Preparatory School 0.2 miles
  • Loughborough 0.7 miles
  • Barrow-upon-Soar 2.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
Description

*764 Sq Ft Ground Floor Retail space
* Large window frontage
* Busy town centre location
* Available immediately

Location:

This 764 Sq Ft ground floor retail unit is in central Loughborough, a well-known University town, situated between Nottingham to the north and Leicester to the south. The town has good connectivity to the M1 motorway Junction 23, approximately three miles to the west.

The property is situated between Market Street and Packe Street, access provided via Packe Street for parking and services. Market Street is a pedestrianised area with a mixture of residential, leisure and retailing occupiers. Good road and rail links to surrounding towns and cities, with the M1, M42 and M69 / M6 all within a 20-mile radius and direct rail access to St Pancras station.

Property Description:

Occupying the ground floor of a 2-storey town centre property.

Accommodation

Ground Floor Retail space with kitchen and W/C measuring in total 764 Sq ft. The space is largely open planned, with large window to the main street.

Services

We are advised that all mains' services are connected to the property. These services have not been inspected or tested by the agent.

Terms

Offered for let on new lease terms at an initial passing rent of £12,000 per annum plus VAT on fully repairing and insuring terms. 3 month deposit required.
Plus landlords' insurance and management charges.

Rates:

We understand from the voa website that the Rateable Value for the property is £16,000 but prospective tenants should make their own enquiries in this respect. For qualifying businesses small business rate relief could be available.
VAT


We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.

Legal Costs

Both Parties will be responsible for their own legal costs.

Viewing

Strictly by prior appointment via the sole agents Express Properties Tel: Tenure: Leasehold (1900 years)
Service Charge: £1,540.09 per year

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Express Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Express Properties for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Leicestershire
  4. Loughborough
  5. Market Street

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