Guide price
£300,000
Property for saleMarket Street, Loughborough LE11
Freehold
About this property
Freehold commercial investment in prime town centre location
Let to victoria cards until 2027
Rental income of £19,500 per annum + VAT per annum
High footfall area
Surrounded by national retailers
Opposite iceland
Wheelchair accessible
Situated in a prominent town centre position on Market Street, the property benefits from high footfall and excellent visibility. Nearby occupiers include Iceland, Primark, Boots, Costa Coffee, Caffè Nero, Holland & Barrett, and Waterstones. The area is well-served by public transport and nearby parking.
Description
A well-located ground-floor retail unit with prominent frontage in Loughborough’s pedestrianised shopping area. The unit comprises open-plan retail space with ancillary storage and staff facilities to the first floor. Features include modern glazed frontage, suspended ceiling with lighting, and rear service access.
Tenure
The property is offered for sale freehold, subject to an occupational lease.
Lease Details
The premises are currently let on a full repairing and insuring (Fri) lease expiring on 19th October 2027. The passing rent is £1,625 per calendar month (£19,500 per annum) plus VAT. Further lease and tenant information is available on request.
VAT
VAT is applicable to this property.
EPC
Rated Band C. A copy is available upon request.
Investment Opportunity
An ideal purchase for investors seeking secure rental income from an established tenant in a prime location.
Legal Costs
Each party to bear their own legal costs.
Viewings
Strictly by appointment via SellMyHome.
Disclaimer
These particulars are for guidance only and do not form part of any offer or contract. Measurements, descriptions, and other details are given in good faith but without responsibility. Buyers must rely on their own enquiries and inspections.
Description
A well-located ground-floor retail unit with prominent frontage in Loughborough’s pedestrianised shopping area. The unit comprises open-plan retail space with ancillary storage and staff facilities to the first floor. Features include modern glazed frontage, suspended ceiling with lighting, and rear service access.
Tenure
The property is offered for sale freehold, subject to an occupational lease.
Lease Details
The premises are currently let on a full repairing and insuring (Fri) lease expiring on 19th October 2027. The passing rent is £1,625 per calendar month (£19,500 per annum) plus VAT. Further lease and tenant information is available on request.
VAT
VAT is applicable to this property.
EPC
Rated Band C. A copy is available upon request.
Investment Opportunity
An ideal purchase for investors seeking secure rental income from an established tenant in a prime location.
Legal Costs
Each party to bear their own legal costs.
Viewings
Strictly by appointment via SellMyHome.
Disclaimer
These particulars are for guidance only and do not form part of any offer or contract. Measurements, descriptions, and other details are given in good faith but without responsibility. Buyers must rely on their own enquiries and inspections.
Mortgage calculator
Monthly repayment
£1,500 per month
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