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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Situation
Description

Retail property (high street)

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Retail property (high street)
0 bed
0 bath

Property description & features

This is a newly-refurbished retail unit suitable for a variety of businesses and located adjacent to the new Cineworld complex with neighbours including Pizza Express, Nando's and Starbucks. The unit has a net internal area of 50.6 sq. m. (545 sq. ft.) and is available on a new lease for a minimum of 3 years.

Situation - The property is situated on Baxter Gate close to its junction with Jubilee Way in a busy commercial area within Loughborough town centre.

The unit is adjacent to the new Cineworld cinema complex which incorporates food and drink operators including Pizza Express, Nando's, Centro Lounge, Bella Italia and Starbucks.

Location - Loughborough is a University town with a population of over 60,000 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 a recently-refurbished ground floor lock-up shop with rear store/kitchen area, WC and new windows and entrance door.

Accommodation - Internal Width: 7.29m (23 ft 11 ins)
Shop Depth: 5.47m (17 ft 11 ins)
Sales Area 39.9 sq. m. (429 sq. ft.)
Store/Kitchen 10.7 sq. m. (115 sq. ft.)

Services - The property is connected to main electricity, water and drainage services.

Planning - The property falls within the new Planning Use Class E which means that it can be used for a variety of purposes without the need for formal approval. Please contact the agents for further information.

Business Rates - Rateable Value: £9,900

Under current regulations, and for a sole trader, no business rates are payable.

Lease - Internal repairing and insuring basis for a minimum of 3 years.

Rent - £9,750 per annum

Energy Performance Certificate - An EPC has been requested and will be available shortly.

Legal Costs - Each party is to be responsible for their own costs in respect of the transaction.

Value Added Tax - VAT is payable on the rent.

Possession - Vacant Possession will be offered on completion of legal formalities.

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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    With a staff of over 40, we enjoy a reputation for professional service backed up by the reassurance of a BSI 9001 Quality Assurance system, which is externally audited on a regular basis. In addition, we are now members of the Estate Agents’ Ombudsman Scheme, which provides our clients with independent assurance of our service.We are regulated by the Royal Institution of Chartered Surveyors to carry out General Insurance Mediation Activity. If you have any questions or comments, please do not hesitate to contact a Partner at the relevant office. Contact details can be found in meet the team. As part of our commitment to a quality service, we offer a complaints handling service in accordance with the provisions of the RICS; details of which can be provided on request.

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    *DISCLAIMER

    Property reference 30132315. 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.