This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

5 bedroom mixed use for sale

Ashby Road, Loughborough, Leicestershire, LE11

Under Offer £495,000

Property Description

Commercial information

  • Use class orders: A4 Drinking Establishments and C3 Dwelling Houses

Full description

Tenure: Freehold


The property occupies a prominent position at the junction of Ashby Road and Regent Street. Ashby Road forms the main link between Loughborough University to the west and the town centre to the east.

The area is a mixture of residential and commercial with the majority of residential properties having been let to students.


The property comprises a two storey property with the ground floor comprising a self contained public house which benefits from a rear beer garden and 2 trading areas. To the upper floors is a Large 5 bedroom flat which comprises a kitchen diner, 5 bedrooms, bathroom and a separate WC. In addition there is an external terrace area.

To the side of the property there is a shared car park, which could provide future redevelopment potential.


The ground floor has been let on a 10 year lease from October 2015 at a passing rental of 27,500 per annum, the lease provides for a fixed uplift at the end of year 3 to 30,000 per annum. In addition there is a tenant only break at the end of the 5th year.

The flat has been let to students for the 2016/17 academic year on the basis of a 52 week tenancy at an overall rental of 22,620 per annum (87 per person per week). The tenancy is on
an inclusive of bills basis.


Offers in excess of 495,000 are sought for the freehold interest subject to the above tenancies. The current tenant would consider selling the business via separate negotiations.

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction


Strictly by appointment with the sole agents.

More information from this agent

Map & Street View

Disclaimer - Property reference MCGB. The information displayed about this property comprises a property advertisement. 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 Oak Property Consultants, Nottingham. 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.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by

Map data OpenStreetMap contributors.