Retail Property (high street) to rent

Wards End, Loughborough

£746 pcm

Property Description

Full description

This property provides an excellent opportunity to rent attractive ground floor retail premises suitable for a variety of businesses in Loughborough town centre. The shop has a total area of 27.6 sq. m. (296 sq. ft.) and there are further studio rooms at the rear totalling 14.9 sq. m. (161 sq. ft.). The premises are available immediately on an internal repairing basis for a minimum term of 6 years. Wards End lies close to the the market place, two large public car parks and short-term on-street parking. The street has attracted a number of specialist popular traders selling a wide variety of goods.

Situation - The unit is situated on the west side of Ward's End in a popular retail area within Loughborough Town Centre. Ward's End leads to the market square and the premises are close to its junction with Wood gate. The Beehive and Granby Street public car parks are a short distance away.

Nearby occupiers include Home Bargains, RBS and Pickworth Furnishing.

Location - Loughborough is a University town with a population of over 60,000 people and lying a short distance from Junction 23 of the M1 motorway. It also lies on the A6, a major road leading to Leicester to the south east and the M1 motorway to the north.

Loughborough University is a highly regarded establishment with a strong international reputation for sport and engineering.

The town has a main line railway station providing regular services to London St. Pancras. Loughborough also lies close to East Midlands Airport.

Major employers in the area include Loughborough University, Brush Traction, 3M Healthcare Limited and Charnwood Borough Council.

Description - The property comprises an attractive ground floor retail shop with office, studio or storage accommodation to the rear and would be suitable for a variety of businesses.

Accommodation - The property has the following net internal floor areas:

Front sales 12.7 sq. m. (136 sq. ft.)
Rear sales 14.9 sq. m. (160 sq. ft.)
Rear rooms 14.9 sq. m. (160 sq. ft.)

Services - The property has the benefit of main electricity, water and drainage services.

Planning - The shop has the benefit of planning permission for A1 retail use but would be suitable for other uses subject to obtaining the appropriate consents.

Business Rates - The property is described in the 2017 Rating List as Shop and Premises with a Rateable Value of £2,950.

Under current regulations and subject to certain conditions, no business rates are payable.

Lease - The premises are available under a new lease on internal repairing and insuring terms for a minimum period of 3 years.

Rent - £8,950 per annum exclusive.

Energy Performance Certificate - An EPC has been requested and will be available shortly.

Legal Costs - Each party will be responsible for their own legal costs.

Value Added Tax - VAT is not payable on the rent.

Possession - Vacant possession will be granted on completion of legal formalities.

Viewings - Strictly by arrangement with Andrew Granger & Co on 0116 2429933. Contact Kevin Skipworth at email address kevin.skipworth@andrewgranger.co.uk


More information from this agent

Nearest stations

  • Loughborough (0.8 mi)
  • Barrow upon Soar (2.9 mi)
  • Sileby (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Andrew Granger & Co, Leicester

Attenborough House, 10-12 Rutland Street, Leicester, LE1 1RD

0116 452 0071 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Loughborough (0.8 mi)
  • Barrow upon Soar (2.9 mi)
  • Sileby (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Andrew Granger & Co, Leicester

Attenborough House, 10-12 Rutland Street, Leicester, LE1 1RD

0116 452 0071 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 27762985. 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 Andrew Granger & Co, Leicester.

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