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7-14 Bedford Square & 49-50 Wards End, Loughborough, Leicestershire, LE11

£1,100,000

£146.30 per sq ft

Business rates & charges may apply

MATHER JAMIE LIMITED, Loughborough
SIZE AVAILABLE

7,519 sq ft

699 sq m

SECTOR

Commercial property for sale

Description

*** VIEWINGS STRICTLY BY APPOINTMENT ONLY ***

FULLY-LET INVESTMENT OPPORTUNITY

The property comprises a rare, town centre, fully-let retail parade investment, acting as a local centre within Loughborough.

The two-storey purpose-built property provides nine retail units at ground floor and first floor. Two of the retail units at ground floor (7 & 8 Bedford Square) have been combined to provide a double retail unit.

The property is situated within the recent Bedford Square Gateway Project which has regenerated Wards End, Devonshire Square and Bedford Square, making the area more attractive to visitors and improving the off-road parking provisions.

Substantial retail parade fronting Bedford Square and Wards End within Loughborough town centre. This established local retail parade within Loughborough town centre benefits from public parking to the front.

The property offers a prominent position on Bedford Square, between Bedford Street and Wards End at the southern tip of Loughborough town centre.

The property is approximately a 5-minute walk from Market Place in the heart of Loughborough.
 
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The retail parade sits at the top of Bedford Square, dominating one side of this recently redeveloped area of Loughborough town centre.

The Bedford Square Gateway Project was specifically targeted to regenerate Wards End, Devonshire Square and Bedford Square, improving the public realm with new, wider pavements and street furniture, including creating open space within Devonshire Square in which to host events and activities.

The regeneration scheme, funded by Charnwood Borough Council, Loughborough Town Deal and the local LLEP, was to the total of £3,800,000 and was completed in Autumn 2022.

The property sits at the entrance to the southern side of Loughborough, providing short-term free parking, rarely available in such a town centre setting, within a short walking distance Loughborough's main Market Place providing a retail parade acting very much as a local centre within a town centre environs.

The nearby Premier Inn is within 500ft of the site, in addition to the other town centre retail operations the site is also close to a number of major student blocks of accommodation including The Print House, Asha House and more recently the Evo Luxurio Student Halls of Residence which developed over 600 student beds and is within a 1/3 mile of the property.

Brochures

7-14 Bedford Square & 49-50 Wards End, Loughborough, Leicestershire, LE11

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Loughborough Station0.9 miles
  • Barrow upon Soar Station2.9 miles
  • Sileby Station4.9 miles

About MATHER JAMIE LIMITED, Loughborough

3 Bank Court Weldon Road, Loughborough, LE11 5RF

Why Choose Mather Jamie?

· Dedicated Director-led, professional team comprising of experienced Chartered Surveyors and Town Planners.

· Active commercial property and land agency across the UK, with a particular focus on the Midlands region and the county of Leicestershire. Our extensive portfolio of opportunities ensures we are market leaders in our field.

· Proactive and approachable professional team, acting with respect and integrity at all times. Our breadth of client base and industry contacts ensures we can unlock opportunities, maximising value for our clients.

· Understanding our clients has been at the forefront of the Mather Jamie service since we were founded. Tailoring a bespoke, professional advisory service has ensured we have a high client retention rate.

· Our team are regulated by the RICS (Royal Institution of Chartered Surveyors) and we are a member of the Tenancy Deposit Scheme. We hold professional indemnity insurance to cover our advisory services.

· As a modern and dynamic firm, we constantly strive to achieve the very best results possible for all of our clients, new and established.

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