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Restaurant to rent
20 Market Street, Loughborough, LE11 3EP
Restaurant
Features and description
- 2600 Sq Ft Prime retail space
- Loughborough Town Centre Location
- £32,500 per annum VAT
- New lease or lease assignment available
- 5-10 year lease terms available
- Rear access and car parking space available by separate negotiation
2600 Sq Ft ground floor retail space
Located in the heart of Loughborough
£32,500 per annum + VAT
Size - £2600 sq ft
Rent - £32,500 per annum + VAT
Rateable Value - £36,500
VAT - Applicable on the rent and additional charges
Legal Fees - Both Parties will be responsible for their own legal costs
EPC Rating - D (83)
Located on the ground floor of a 2-storey town centre property. The upper floors have residential accommodation for students which are separately accessed from the rear.
There is a car park to the rear with delivery access to the shop - Car parking spaces are available by separate negotiation and are not included in the property rent.
Location - Loughborough is 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. 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 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.
Accommodation - The space offers circa 2600 sq ft of rectangular space taken to a basic shop fit out with existing lighting and flooring, subject to terms the outgoing tenant will leave some fittings in situ, subject to a small premium. W/c with small store room are in place.
Terms - Offered for let on a lease assignment or new lease with an initial passing rent of £32,500 per annum plus VAT. 5 to 10-year lease term with break clause on fully repairing and insuring terms
Plus landlords’ insurance and management charges.
Vat - We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.
Located in the heart of Loughborough
£32,500 per annum + VAT
Size - £2600 sq ft
Rent - £32,500 per annum + VAT
Rateable Value - £36,500
VAT - Applicable on the rent and additional charges
Legal Fees - Both Parties will be responsible for their own legal costs
EPC Rating - D (83)
Located on the ground floor of a 2-storey town centre property. The upper floors have residential accommodation for students which are separately accessed from the rear.
There is a car park to the rear with delivery access to the shop - Car parking spaces are available by separate negotiation and are not included in the property rent.
Location - Loughborough is 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. 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 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.
Accommodation - The space offers circa 2600 sq ft of rectangular space taken to a basic shop fit out with existing lighting and flooring, subject to terms the outgoing tenant will leave some fittings in situ, subject to a small premium. W/c with small store room are in place.
Terms - Offered for let on a lease assignment or new lease with an initial passing rent of £32,500 per annum plus VAT. 5 to 10-year lease term with break clause on fully repairing and insuring terms
Plus landlords’ insurance and management charges.
Vat - We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.
Property information from this agent
About this agent
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P&F Commercial is a well-established Commercial Estate Agency business operating across the EastMidlands. Centrally located in Rutland, with the major
Cities of Leicester, Nottingham, Peterboroughand Northampton all within 40 miles, P&F Commercial are perfectly located to handle all types ofCommercial
property including Shops, Offices, Industrial Units, Post Offices and any other generalInvestment/property businesses. With over 40 years combined
experience in the property business, P&F Commercial has a wealth ofspecific knowledge in the sector. P&F Commercial do not just deal in vaca... Show more
Cities of Leicester, Nottingham, Peterboroughand Northampton all within 40 miles, P&F Commercial are perfectly located to handle all types ofCommercial
property including Shops, Offices, Industrial Units, Post Offices and any other generalInvestment/property businesses. With over 40 years combined
experience in the property business, P&F Commercial has a wealth ofspecific knowledge in the sector. P&F Commercial do not just deal in vaca... Show more