Property photos
£35,000 pa
£2,917 pcm
Restaurant to let
40 Cover Restaurant, 3-4 Baxter Gate, Loughborough LE11Local area information
Property location
Nearby amenities
- ASPIRE: Lifeskills Learning Centre (SEN) 0 miles
- Fairfield Preparatory School 0.2 miles
- Loughborough 0.6 miles
- Barrow-upon-Soar 2.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Loughborough to find out more about the local area.
Features and description
- 80 cover Restaurant over 2 floor in Loughborough Town Centre.
- £15,000 Ingoing premium for fixtures & fittings including the Kitchen and operational equipment
- Ground & first floor licensed for dining with the 3rd floor used as office and storage
- Rear bin store and delivery access
- Available immediately Use class E
Loughborough Town Centre restaurant to let
Rent - £35,000 Per annum
Premium - £15,000
Size - 2,502 sq ft
Rent - £35,000 per annum + VAT
Premium - £15,000
Business Rates - rv £21,500 according to the voa
VAT - Applicable on the rent
Legal Fees - Each party will bear their own costs
EPC Rating - D (100)
An attractive three storey building of brick construction beneath a pitched roof covered in slates. The front elevation at ground level comprises an aluminium framed double glazed shop front with double access entrance doors. The first and second floor comprise further double-glazing with the 3rd floor elevation being prominent from the rear of the building.
The premises provides a sales/seating area for circa 80 covers, a full fitted commercial kitchen, storage and WC facilities, whilst the first floor provides further seating for events or private hire, a walk in fridge and additional storage. The second floor comprises an office and WC. The premises benefits from three phase power, heating and cooling via air-conditioning units and gas fired central heating. Externally, there is a shared rear yard providing loading and storage which is accessed via Market Place.
Location
The premises is situated on the north side of Baxter Gate in the heart of Loughborough town centre. The location is prime and located within a hub of other restaurants, while benefiting from good communication links due to regular bus routes in and out of the town centre and is a main pedestrianised thoroughfares into the town centre so benefits from high foot fall.
Terms
Offered for let on a new fully repairing and insuring lease with terms to be agreed and to include a 3 year review - The rent will be £35,000 per annum. A deposit equal to 3 months rent plus VAT will be required along with a contribution to the Buildings Insurance. Rent is paid quarterly in advance.
A premium of £15,000 will be payable for the fixtures and fittings within the premises and includes all operational equipment and the extraction system .
Services
We are advised that main services are connected to the property. These services have not been inspected or tested by the agent.
Accommodation
Ground floor - 147.8 sq m - 1,591 sq ft
First floor - 54.1 sq m - 582 sq ft
Second floor - 30.7 sq m - 330 sq ft
Total - 232.4 sq m - 2,502 sq ft
Rent - £35,000 Per annum
Premium - £15,000
Size - 2,502 sq ft
Rent - £35,000 per annum + VAT
Premium - £15,000
Business Rates - rv £21,500 according to the voa
VAT - Applicable on the rent
Legal Fees - Each party will bear their own costs
EPC Rating - D (100)
An attractive three storey building of brick construction beneath a pitched roof covered in slates. The front elevation at ground level comprises an aluminium framed double glazed shop front with double access entrance doors. The first and second floor comprise further double-glazing with the 3rd floor elevation being prominent from the rear of the building.
The premises provides a sales/seating area for circa 80 covers, a full fitted commercial kitchen, storage and WC facilities, whilst the first floor provides further seating for events or private hire, a walk in fridge and additional storage. The second floor comprises an office and WC. The premises benefits from three phase power, heating and cooling via air-conditioning units and gas fired central heating. Externally, there is a shared rear yard providing loading and storage which is accessed via Market Place.
Location
The premises is situated on the north side of Baxter Gate in the heart of Loughborough town centre. The location is prime and located within a hub of other restaurants, while benefiting from good communication links due to regular bus routes in and out of the town centre and is a main pedestrianised thoroughfares into the town centre so benefits from high foot fall.
Terms
Offered for let on a new fully repairing and insuring lease with terms to be agreed and to include a 3 year review - The rent will be £35,000 per annum. A deposit equal to 3 months rent plus VAT will be required along with a contribution to the Buildings Insurance. Rent is paid quarterly in advance.
A premium of £15,000 will be payable for the fixtures and fittings within the premises and includes all operational equipment and the extraction system .
Services
We are advised that main services are connected to the property. These services have not been inspected or tested by the agent.
Accommodation
Ground floor - 147.8 sq m - 1,591 sq ft
First floor - 54.1 sq m - 582 sq ft
Second floor - 30.7 sq m - 330 sq ft
Total - 232.4 sq m - 2,502 sq ft
More information
Listed by
P & F Commercial
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