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Location 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.
Description The demise is set out over the ground floor and basement of a 2 storey detached property under a pitched tile roof.
Accommodation Open plan ground floor trading area formerly used as a pizza restaurant and takeaway. Wc's and kitchen area, with prep and store rooms in the basement.
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 a fully repairing and insuring lease - terms to be agreed but with a minimum of 5 years. Full references will be required with 3 months’ rent deposit. Passing rent £18,000 per annum with rent paid quarterly in advance. A contribution to the Landlords Buildings Insurance will be required.
Outgoings The voa Website shows the current rateable value for the property to be £11,726 per annum.
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.
Parking notes Town centre parking is available, there is no parking with this property
planning The current planning allows for A3 restaurant uses.
Other 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.
Viewing Viewing is strictly by prior appointment via the sole agents P&F Commercial Tel: Or via email
For more information about this property, please contact Moores Commercial Oakham, LE15 on +44 1664 518993 * (local rate)
Contact Moores Commercial Oakham about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Moores Commercial Oakham, and do not constitute property particulars. Please contact Moores Commercial Oakham for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.