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2 bedroom terraced house for sale

Leicester Road, Loughborough

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

1,695 sq ft

157 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • FREEHOLD COMMERCIAL INVESTMENT
  • GROUND FLOOR COMMERCIAL UNIT - CURRENTLY LET
  • FIRST AND SECOND FLOOR 2 BEDROOM FLAT - CURRENTLY VACANT
  • CLOSE TO TOWN CENTRE

Description

An opportunity to acquire a mixed-use investment property comprising of a ground-floor commercial unit (No. 74) and a three bedroom flat above (No. 74A).

Location - The property is situated on the corner of Nottingham Road and Queens, on the eastern side of the vibrant market town of Loughborough. Loughborough is a well-connected university town offering a wide range of amenities including shops, schools, pubs, churches, and a hospital. The location provides convenient access to the town centre and its facilities. The property also has excellent transport links, with the M1 motorway junction located approximately 4 miles away and approximately 0.3 miles (5 minute walk) away from the railway station.

No. 74 (Commerical Unit) -

Ground Floor - Reception 4.90m x 4.0m
Hall 4.90m x 1.7m
Treatment room 3.9m x 3.0m
Toilet 1.8m x 0.9m
Store 2.9m x 1.9m

No. 74A (The Flat) - Please note that the property is in a selective licensing area of Loughborough and is currently licenced.

74a is accessed by external stairs from the rear yard leading up to the first floor living areas.

First Floor - Kitchen 3.27m x2.62m
Living Room 4.67m 4.84m
Bathroom 1.13m x 3.26m with shower, toilet & hand basin

Second Floor - Bedroom one 5.1m x 2.9m with cupboard & loft access
Bedroom two 2.8m x 3.3m with cupboard

Epc - 74 has an C EPC rating of C - valid until June 2031.

74a has an EPC rating of D - valid until January 2032.

Tenure - The property is freehold but subject to the following.

No. 74 is subject to a 1954 Act Commercial Tenancy - £ 6600/annum

No 74A (currently Vacant) but previously has been let with a rental income of £825/PCM.

Guide Price - The land is being marketed for offers in the region of £249,000.

Method Of Sale - The property is offered for sale via private treaty. The vendor reserves the right to conclude the sale by an alternative method if required.

Viewing - All viewings to be made by prior appointment with Andrew Granger & Co.

Further Information - For any further enquiries please contact the agents.

James Holgate BSc (Hons)
Andrew Granger & Co., 44-46 Forest Road, Loughborough, LE11 3NP
Tel:
Email: James.

Copies of tenancy agreement can be made available upon receipt of offers.

Council Tax And Business Rates - No. 74A is within Council Tax Band A.
No. 74. Business Rates are £4,650 (tenants responsibility).

Title - The property is registered with the Land Registry under title LT295573.

Brochures

Leicester Road, Loughborough
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Leicester Road, Loughborough

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About Andrew Granger & Co Rural, Land and Development, Loughborough

7-8 Bedford Square, Loughborough, LE11 2TP
Industry affiliations:Industry affiliation logo 0

We're among the East Midlands' largest property specialists with experts across the board. From home sales and lettings to valuations and rural estate management, we strive to make things as easy as possible for our clients, and as a result we often repeat business with happy clients. Our reputation as a friendly, professional estate agency is based on keeping our customers informed and making sure the best price is achieved - whether you are buying or selling. With three town centre offices and a London office, we are connected with buyers, sellers, tenants and intermediaries across the East Midlands and beyond. Our team are experts at presenting all kinds of properties for sale and to let, and negotiating effectively. Our size and experience means we can cope with a changing market. Above all, we provide clients with great advice.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,136
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 34345270. 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 Rural, Land and Development, Loughborough. 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.

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