High Street Retail Property to Rent, 60 Baxter Gate, , LE11 1TH - CBRE Commercial

Overview

TO LET

The premises occupy the ground floor of a three-storey building comprising a large sales area, customer toilets, staff accommodation and storage space. Tenure The premises are available by way of an assignment of the existing lease expiring 10/04/2023. Alternatively, the premises are available by way of a sub-lease. Rent The current passing rent is £17,345, exclusive of all other outgoings. Rates We understand from the VOA website that the current Rateable Value of the shop is £16,000 and the rates payable are £7,856 pa. The UBR for 2019/2020 is 49.1p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Loughborough is located approximately 12 miles north of Leicester and 16 miles south of Nottingham. East Midlands Airport is located 9 miles north west of the city centre. The subject premises are located on Baxter Gate, adjacent to the Cineworld Complex which boosts footfall in the area. Occupiers in the scheme include Nando’s, Costa and Bella Italia. The street benefits from having several bus loops.

Sizes and Measurements

Total Size

1,385sqft

Sales Area

1,385sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,385sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

10/04/2023

Lease type

Assignment

For rent

£17,345/pa

UBR

49.1p

Rateable Value

£16,000.00

Business Rates

£7,856/pa

Specification

  • Leasehold
  • Adjacent Cineworld Scheme

Floorplan

LOUGHBOROUGH - 60 BAXTER GATE GOAD

Photos

LOUGHBOROUGH - 60 BAXTER GATE PHOTO

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