45 Market Street, Loughborough

Retail unit to Let in Loughborough Town Centre

Rent £21,950 per annum + VAT
Premium £10,000

Available immediately by way of lease assignment

Rent - £21,950
VAT - Applicable
Premium - £10k to include aircon, roller shutters and CCTV
Rates - £15,500
Legal Fees - Each party to bear their own costs
EPC - D (80)

The property is a 3 storey mid property, under a pitched tiled roof. The ground floor shop trades as a Chinese supermarket and offers around 550 sq ft of retail space. With staff w/c on the ground floor.

The upper floors comprise of 3 offices/store rooms with kitchen and w/c on the first floor with 2 more office/store rooms on the first floor.

There is a separate rear access to first floor level.

Location - Market Street is a notable area and serves as one of the primary pedestrianised routes leading to Market Place and the Cattle Market.

Loughborough itself is a well known University town, situated between Nottingham to the north and Leicester to the south. The town has good connectivity to the M1 motorway Junction 23, approximately three miles to the west.

Terms - Offered for let on an assignment of the existing lease which was 5 years from 9th May 2024 on full repairing and insuring terms - the rent is £21,950 per annum plus VAT. A deposit equal to 3-month rent will be required. The service charge to include building insurance is £125 per quarter. Rent is paid quarterly in advance

Premium For Equipment - There is a £10k premium charge for some essential items which include, electronic roller shutter door to the shop front, CCTV, Air conditioning unit, retail shelving and displays and a range of fridge and freezers.