To Let £9,500
- Located just off the main pedestrianised town centre of the popular market and university town of Loughborough in the Charnwood Borough of Leicestershire. The town has a population in the region of 60,000 making it the largest settlement outside of the County capital of Leicester. The Town lies on the A6 and is approximately midway between Leicester and Nottingham. Loughborough is home to Loughborough university, an excellent facility that boasts one of the largest sports scholarship schemes in the UK. 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.
- The property is a 2 storey brick built dwelling under a pitched roof. The commercial space is set out over the ground and first floor. Set within Churchgate Mews, which is a well presented shopping parade filled with smaller business owners. The parade is fully let and thriving.
- The ground floor measures approx 21 ft x 17 ft = 357sq ft with store cupboard and stairs to first floor. With large window shop frontage.
- First floor measures approx 16.79 ft x 17.65 ft = 296 sq ft. There is a small kitchenette and W/c to the first floor.
- We are advised that all main services are connected to the property with the exception of gas. These services have not been inspected or tested by the agent.
- A new 5-year lease is being offered with an initial passing rent of £9,500 + VAT, year 1, increasing to £10k for the rest of the term, plus landlords’ insurance. A 3-month rent deposit will be required. The tenant will be responsible for all utilities and business rates (if applicable).
- According to the valuation office agency website the current rateable value is £7,300 per annum. Qualifying businesses should qualify for 100% Small Business Rates relief if applicable. The local billing authority is Charnwood Burrough council for billing enquiries.
- We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.
- Both Parties will be responsible for their own legal costs.
- There is no parking with the property.
- Finance may be available through Independent Financial Brokers and P & F Commercial would be pleased to make an introduction for you. The Brokers are completely Independent and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.
- Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email email@example.com
- Reference: 10663
- Type: Retail
- Status: Let Agreed