Mixed Investment For Sale, 16 & 17 Churchgate, Loughborough, LE11 1UD
£247.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,000 sq ft
186 sq m
- SECTOR
Mixed use property for sale
Key features
- Loughborough Town Centre
- Income producing ERV £46,420.
- 4 First floor flats
- 2 ground floor commercial units - 1 Available
- Commercial finance available.
Description
(P&F commercial have not inspected the residential accommodation)
This mixed use Investment is located just off the main pedestrianised town centre of Loughborough.
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.
Strictly by prior appointment via the sole agents P & F Commercial Tel: or via email
16 Churchgate - Commercial space (763 sq ft)- Currently available £12,000 pa
17 Churchgate - Commercial space (340 sq ft) - Let to The Gate Barbers - £7,500 per annum - Holding over currently
The Barbers are due to sign a new 6-year lease terms with 3-year breaks in 2024. These will be on internal repairing and insuring leases. No. 17 has benefitted from a new roof in the last 3 years.
Residential income: -
Flat 16a Churchgate - £476.66 pcm
Flat 16b Churchgate - £433.33 pcm
Flat 16c Churchgate - £466.66 pcm
Flat 4 16 Churchgate - £866.68 pcm
We are advised that all main services are connected to the property. These services have not been inspected or tested by the agent.
For Sale freehold - Subject to tenants - leases available upon request.
Commercial unit 16 - £9900 per annum rateable value. Commercial unit 17 - £6700 per annum rateable value
All tenants are responsible for rates payable.
The property maybe opted to tax and VAT may apply to the purchase price. To be confirmed by the sellers accountant in due course.
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.
Brochures
Mixed Investment For Sale, 16 & 17 Churchgate, Loughborough, LE11 1UD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Loughborough Station0.6 miles
- Barrow upon Soar Station3.0 miles
- Sileby Station5.0 miles
About P&F, Commercial
18 Midland Court Station Approach Oakham Rutland LE15 6RA
P&F Commercial are the only dedicated sole Commercial Estate Agency in Rutland with unrivaled regional knowledge and forty years’ combined experience. P&F Commercial can offer the kind of assurance and exceptional personal attention clients know they can depend on when making important commercial property decisions.
Notes
Disclaimer - Property reference 143692-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by P&F, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.