Former Revolution, 13-14 Baxter Gate, Loughborough, LE11 1TG

£80,000

Size

789 - 8,540

Lease length

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EPC

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Parking

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Spaces

4

Space
Space use
Size
Availability
Size
Price
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Price per
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Primary use
Pub

No floor / site plan

Key features

  • Centrally located within Loughborough town centre
  • Short walking distance (0.5 miles) to Loughborough railway station.
  • Loughborough University has 19,451 students (2023-2024)
  • Fully fitted public house with 100+ internal covers.
  • Total Gross Internal Area of approximately 8,540 sq ft
  • Suitable for alternative uses subject to obtaining the necessary planning consents
  • Guide price of £800,000 for the freehold with vacant possession with a guide rent of £80,000 per annum on a new free of tie lease
  • Late Licence with a terminal hour of 4 a.m.
  • Large enclosed beer garden with seating for 100+ covers.

Description

PROMINENT PUBLIC HOUSE IN LOUGHBOROUGH TOWN CENTRE WITH LATE LICENCE AVAILABLE FOR SALE FREEHOLD OR TO LET.

Additional information

Let type
Ask agent
Let contract length
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Status
Available
Date available
13 August 2024
Service charge
Ask agent
Business rates
Ask agent
Size
Price
Ask agent
Price per
Ask agent
Primary use
Pub

No floor / site plan

Key features

  • Centrally located within Loughborough town centre
  • Short walking distance (0.5 miles) to Loughborough railway station.
  • Loughborough University has 19,451 students (2023-2024)
  • Fully fitted public house with 100+ internal covers.
  • Total Gross Internal Area of approximately 8,540 sq ft
  • Suitable for alternative uses subject to obtaining the necessary planning consents
  • Guide price of £800,000 for the freehold with vacant possession with a guide rent of £80,000 per annum on a new free of tie lease
  • Late Licence with a terminal hour of 4 a.m.
  • Large enclosed beer garden with seating for 100+ covers.

Description

PROMINENT PUBLIC HOUSE IN LOUGHBOROUGH TOWN CENTRE WITH LATE LICENCE AVAILABLE FOR SALE FREEHOLD OR TO LET.

Additional information

Let type
Ask agent
Let contract length
Ask agent
Status
Available
Date available
13 August 2024
Service charge
Ask agent
Business rates
Ask agent
Size
Price
Ask agent
Price per
Ask agent
Primary use
Pub

No floor / site plan

Key features

  • Centrally located within Loughborough town centre
  • Short walking distance (0.5 miles) to Loughborough railway station.
  • Loughborough University has 19,451 students (2023-2024)
  • Fully fitted public house with 100+ internal covers.
  • Total Gross Internal Area of approximately 8,540 sq ft
  • Suitable for alternative uses subject to obtaining the necessary planning consents
  • Guide price of £800,000 for the freehold with vacant possession with a guide rent of £80,000 per annum on a new free of tie lease
  • Late Licence with a terminal hour of 4 a.m.
  • Large enclosed beer garden with seating for 100+ covers.

Description

PROMINENT PUBLIC HOUSE IN LOUGHBOROUGH TOWN CENTRE WITH LATE LICENCE AVAILABLE FOR SALE FREEHOLD OR TO LET.

Additional information

Let type
Ask agent
Let contract length
Ask agent
Status
Available
Date available
13 August 2024
Service charge
Ask agent
Business rates
Ask agent
Size
Price
Ask agent
Price per
Ask agent
Primary use
Pub

No floor / site plan

Key features

  • Centrally located within Loughborough town centre
  • Short walking distance (0.5 miles) to Loughborough railway station.
  • Loughborough University has 19,451 students (2023-2024)
  • Fully fitted public house with 100+ internal covers.
  • Total Gross Internal Area of approximately 8,540 sq ft
  • Suitable for alternative uses subject to obtaining the necessary planning consents
  • Guide price of £800,000 for the freehold with vacant possession with a guide rent of £80,000 per annum on a new free of tie lease
  • Late Licence with a terminal hour of 4 a.m.
  • Large enclosed beer garden with seating for 100+ covers.

Description

PROMINENT PUBLIC HOUSE IN LOUGHBOROUGH TOWN CENTRE WITH LATE LICENCE AVAILABLE FOR SALE FREEHOLD OR TO LET.

Additional information

Let type
Ask agent
Let contract length
Ask agent
Status
Available
Date available
13 August 2024
Service charge
Ask agent
Business rates
Ask agent

Key features

  • Centrally located within Loughborough town centre
  • Short walking distance (0.5 miles) to Loughborough railway station.
  • Loughborough University has 19,451 students (2023-2024)
  • Fully fitted public house with 100+ internal covers.
  • Total Gross Internal Area of approximately 8,540 sq ft
  • Suitable for alternative uses subject to obtaining the necessary planning consents
  • Guide price of £800,000 for the freehold with vacant possession with a guide rent of £80,000 per annum on a new free of tie lease
  • Late Licence with a terminal hour of 4 a.m.
  • Large enclosed beer garden with seating for 100+ covers.

Description

Description
The property is a two storey detached property of brick construction with a part stone façade beneath a pitched and tiled roof.

Location
Loughborough is a market town situated within Leicestershire approximately 113 miles northwest of London. The town benefits from excellent transport links with accessible rail services and road networks.

The property fronts Baxter Gate, in the heart of the town centre. The property is particularly well located from a leisure perspective being opposite Old Hospital Court which includes a Cineworld Multiplex with supporting restaurant operators. The immediate area comprises mainly offices/retail focused around the High Street moments to the south.

Planning
The is not listed but falls within a conservation area.

EPC
C - 64

Premises Licence
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. The premises are permitted to sell alcohol Monday to Sunday 10:00-04:00.

Rateable Value
2023 Rateable Value - £138,000

Tenure
The property is held freehold (Title Number LT34584).

Terms
Offers are in the region of £800,000 for our clients freehold interest with vacant possession. Alternatively, the premises is available on a new free of tie lease with a guide rent of £80,000 per annum.

VAT
VAT will be applicable.

Viewings
All viewings must be made by prior appointment via Savills.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all purchasers/tenants. Prospective purchasers/tenants will need to provide proof of identity and residence.
Additional information
Let type
Ask agent
Let contract length
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Status
Available
Date available
13 August 2024
Service charge
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Business rates
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Use class
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Former Revolution, 13-14 Baxter Gate, Loughborough, LE11 1TG

NEAREST STATIONS

National Rail

Loughborough Station

0.57 miles

National Rail

Barrow upon Soar Station

2.95 miles

National Rail

Sileby Station

4.91 miles

About Savills, Margaret Street - Licensed Leisure

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Disclaimer - Property reference 229183-2. 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 Savills, Margaret Street - Licensed Leisure. 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.