Retail and Office Investment
Retail and Office Investment
Loughborough is a historic university and market town located 12 miles north of Leicester and 15 miles south of Nottingham. The property is situated on the north side of the busy Baxter Gate, close to the junction with High Street and Market Place. Nearby occupiers include Revolution Bar, William Hill, Totesport, McDonald's, Lloyds TSB and Haart Estate Agents.
Freehold.
Loughborough is a historic university and market town located 12 miles north of Leicester and 15 miles south of Nottingham. The property is situated on the north side of the busy Baxter Gate, close to the junction with High Street and Market Place. Nearby occupiers include Revolution Bar, William Hill, Totesport, McDonald's, Lloyds TSB and Haart Estate Agents.
Freehold.
The property comprises retail accommodation on the ground floor and self-contained office accommodation on the first floor. The offices are accessed from a separate entrance at the side of the property and benefit from central heating.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises retail accommodation on the ground floor and self-contained office accommodation on the first floor. The offices are accessed from a separate entrance at the side of the property and benefit from central heating.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground | Retail | 94.12 sq m |
(1,013 sq ft) |
EASTCLIFFE NEWS SHOPS LIMITED (t/a Mercury News Shop) |
10 years from 29/06/2007 until 2017 (1) |
£6,750 | 29/06/2012 |
| First |
Office |
27.86 sq m |
(300 sq ft) |
NORTHCLIFFE LOCAL MEDIA (SOUTH-EAST) LIMITED |
6 years from 06/2011 until 2017 |
£2,574.70 | 17/06/2016 |
| Totals | 121.98 sq m |
(1,313 sq ft) |
£9,324.70 | ||||
(1) The lease provides for a tenant option to determine the lease on the 5th anniversary of the term.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
