Substantial former banking hall with ancillary offices, strong room, male/female WCs, meeting room and kitchen on a substantial site of 1.61 acres with current parking for approximately 70 cars.
The majority of the space is open plan layout suitable for a variety of uses, subject to appropriate consents.
The subject property is located in a highly prominent position on the corner of Bishop Meadow Road and the A6 to the northern periphery of Loughborough town centre at the entrance into the main industrial estate of Loughborough.
Major nearby occupiers include Morrisons, Co-Op, McDonalds, Go Outdoors, Home Bargains, The Range, Pets at Home, Halfords, Dreams, Kindeva, Fisher Scientific and Charnwood Biomedical Campus.
Loughborough town centre is approximately 1 mile to the south with the railway station approximately 1 miles.
Junctions 23 and 23a of the M1 motorway are within 3 and 6 miles respectively and East Midlands Airport is within 6 miles.
( Agency Pilot Software Ref: 4558 )
Location
The subject property is located in a highly prominent position on the corner of Bishop Meadow Road and the A6 to the northern periphery of Loughborough town centre at the entrance into the main industrial estate of Loughborough. Major nearby occupiers include Morrisons, Co-Op, McDonalds, Go Outdoors, Home Bargains, The Range, Pets at Home, Halfords, Dreams, Kindeva, Fisher Scientific and Charnwood Biomedical Campus. Loughborough town centre is approximately 1 mile to the south with the railway station approximately 1½ miles. Junctions 23 and 23a of the M1 motorway are within 3 and 6½ miles respectively and East Midlands Airport is within 6½ miles.
Accommodation
Total GIA 993.83 sq m (10,698 sq ft)
Terms
TENURE The property is available on a new lease on terms to be agreed or alternatively freehold with vacant possession.
PRICE Offers in excess of £1,500,000 (one million five hundred thousand pounds).
RENT £125,000 (one hundred and twenty five thousand pounds) per annum exclusive.
VAT VAT will not be charged on the rent / sale price.
BUSINESS RATES Local Authority: Charnwood Period: 2021/2022 Rateable Value: £70,000
LEGAL COSTS Each party will be responsible for their own legal costs incurred in the transaction.
EPC There is currently no Energy Performance Certificate for the property however an EPC rating assessment has been requested.
PLANNING We understand the premises have authorised planning consent under Class E of the Town and Country Planning (Use Classes) Order 1987. Interested parties should make their own enquiries.
ANTI-MONEY LAUNDERING POLICY In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser(s).