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Restaurant to rent

4 Ashby Road, Shepshed, Loughborough LE12 9BS
Restaurant
Added > 14 days

Features and description

  • Leasehold pub/restaurant to let
  • Free of tie
  • £39,950 per annum
  • 3 bedroom owners accommodation
  • Fully repairing and insuring terms
  • 3 months deposit payable
Great opportunity to acquire a roadside public house/restaurant Leasehold

£39,950 per annum - NO VAT

Available immediately

Size - 3,095 sq ft
Rent - £39,950 per annum
VAT - Not applicable
Rates - £19,000
EPC - B (49)

The property provides a substantial fully fitted restaurant premises on an approximately 0.48 acre site. The property compromises of a ground floor reception area, bar and a large open plan restaurant seating area with space for approximately 80 covers as well as customer toilets, a fully fitted kitchen and 2 stock rooms to the rear. The property benefits from a number of specialist trade fixture including extraction. Soft furnishings are included in the restaurant area.

There is an internal staircase to the rear of the property which provides access to the first floor residential accommodation. This has been recently refurbished to a high standard with new open plan kitchen / living area, bathroom, master bedroom and two further bedrooms.

Location - Shepshed is situated approximately 10 miles north of Leicester, adjacent to, and west, of Junction 23 of the M1 motorway and 4 miles to the West of Loughborough town centre. The location is strategic to the national road network with the M1 linking to the M42 and A50 to the North of Junctions 24 and 24a, and M69 to the South at Junction 21.

The subject property fronts Ashby Road A512 which connects Loughborough to the East and Ashby de la Zouch to the West. The property sits in close proximity to Junction 23 of the M1 motorway (1 mile) and benefits from strong levels of passing traffic with daily vehicle movements at c. 19,500. There are a number of other commercial uses within the direct vicinity, including Shell Petrol Station, as well as a number of industrial occupiers including Screw Fix, Travis Perkins and Aldi.

Terms - Offered for let on a new 5 year fully repairing and insuring lease with an initial passing rent of £39,950 No vat.
3 months rental deposit will be required
The lease will benefit from the protection of the landlord and tenant act.
3 months rent free incentive is offered.

Business Rates - According to the valuation office agency website the current rateable value is £19,000 per annum, interested parties are advised to make their own enquiries for any rate relief schemes available by the local authority.

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About this agent

P & F Commercial - Oakham
P & F Commercial - Oakham
18 Midland Co, Station Approach Oakham, Rutland LE15 6RA
01664 518223
Full profileProperty listings
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
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