Former Ramada Hotel Loughborough, High Street, Loughborough, LE11 2QL

A characterful, purpose-built property of traditional brick construction with rendering at ground floor level under pitched tiled and flat roofs. The front part of the property comprises four storeys. There are two extensions to the rear, comprising a single storey extension and a two storey purpose built bedroom extension which is positioned on stilts, with parking beneath it.

The hotel comprises reception, bar and restaurant trading areas and extensive conferencing/banqueting facilities.

Externally, there is car parking for approximately 58 vehicles to the rear of the property which is accessed via an archway beneath an adjoining property. There is a separate exit driveway leading onto Woodgate. There is also an enclosed courtyard with feature fountain. The site extends to approximately 0.8 acres.

The former Ramada Loughborough Hotel is located in the centre of Loughborough, Leicestershire which is situated approximately 16 miles south of Nottingham, 11 miles north of Leicester and 40 miles north east of Birmingham.

The town benefits from excellent transport links, with Junction 23 of the M1 being just four miles away. London can be reached by train in as little as one hour 15 minutes.

The property is located in the retail centre of the town and is also close to other commercial premises, as well as a good amount of student accommodation.

Nearby Loughborough University is located on the western side of the town, a world-renowned institution, famed for its sports and sport associated degree courses. Many international athletes and teams use the university’s facilities.

Public areas include:
• Entrance lobby and reception with office
• Open plan bar and lounge (40)
• Queen’s Boardroom (20)
• Charnwood Suite (150) with bar servery
• Restaurant (60) with adjoining buffet area
• Customer toilets
• Two further meeting rooms at first floor level

Ancillary areas include:
• Commercial catering kitchen
• Lower ground floor beer cellar
• Wine store
• Various other stores, plant and machinery rooms
• Staff corridor – comprising stationery room, six staff bedrooms, meeting room, staff bathroom and two offices
• Laundry
• Housekeeping stores

There are 85 en-suite letting bedrooms, which we understand to be comprised of the following:

There is a pay and display car park for approximately 58 vehicles to the rear of the premises, and an inner courtyard.

The hotel benefits from being situated in the heart of a thriving university town with excellent transport links. The rooms led business comprises full food, beverage and conferencing facilities along with a lucrative income-producing car park.

The opportunity exists for new owners to further invest in the property and continue to develop what is an already profitable business.

We are not in receipt of the recent trading information as it has been occupied under a Government contract.

We are advised that plans have been prepared to convert the premises to a 150 bedroom student apartment development. This is subject to planning permission being obtained from the Local Authority. Further information is available via the sole selling agent.