2 Bed Commercial Development For Sale

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. 80. Business Rates are £4,650 (tenants responsibility).

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