No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£265,000
Added > 14 days

Retail property (high street) for sale

Nottingham Road, Loughborough, Loughborough
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Retail property (high street)
0 bed
0 bath

Property description & features

This is an excellent opportunity to purchase a prominent building on a busy arterial road into Loughborough Town Centre and close to the main railway station. It is ideal for occupation or for redevelopment subject to planning. It has a total area of 221.2 sq. m (2,380 sq. ft.) and an EPC Rating of D (96). It has permission for a variety of uses including retail, offices, cafe/restaurant, creche, clinic, gym or light industrial.

Situation - The property is situated in a prominent corner position on the south-east side of Nottingham Road at its junction with Bromhead Street midway between Loughborough town centre and the railway station.

Location - Loughborough is a university town with a population of over 64,000 people and lying a short distance from Junction 23 of the M1 motorway. It also lies on the A6, a major road leading to Leicester to the south-east and the M1 motorway to the north.

Loughborough University is a highly regarded establishment with a strong international reputation for sport and engineering.

The town has a main line railway station providing regular services to London St. Pancras. Loughborough also lies close to East Midlands Airport.

Major employers in the area include Loughborough University, Brush Traction, 3M Healthcare Limited and Charnwood Borough Council.

Description - The property comprises mostly single storey commercial premises occupying a corner plot and currently used for the sale of second-hand furniture.
The building is in three linked parts and is mostly of brick construction with a pitched, slated roof to the front section, asbestos cladding to the middle and a curved timber and felt roof to the rear. There are retail display windows to the front and to the side.

Floor Areas - The property has a total internal ground floor area of 221.2 sq. m. (2,380 sq. ft.)

Tenure - Freehold

Price - Offers are invited in the region of £265,000

Services - The premises are connected to mains electricity, gas, water and drainage services.

Planning - The property has Planning Permission for Use Class E.

Rateable Value - The Rateable Value is £10,750. Under current regulations, and subject to conditions, no Business Rates are payable.

Energy Performance Certificate - EPC Rating D (96)

Costs - Each party will be responsible for their own costs incurred in respect of the transaction.

Possession - Vacant possession will be granted on completion of legal formalities.
It should be noted that the premises are currently held under a lease which will be surrendered on completion of the sale.

Viewings - Strictly by arrangement with Andrew Granger & Co on[use Contact Agent Button]. Contact Kevin Skipworth at email address [use Contact Agent Button]

Property information from this agent

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    Property reference 33034116. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Granger & Co - Leicester.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.