Industrial Unit for sale Loughborough LE11 1BE

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Industrial Unit

Industrial Unit For Sale Loughborough

PROPERTY ID: 146829

PROPERTY TYPE

Industrial Unit

STATUS

Available

SIZE

0 sq.ft

Key Features

Mixed use commercial/Residential investment for sale Fully Let

Income producing �71,880 Gross

Loughborough Town Centre property

2 Commercial units

2 residential apartments

Prominent location

Property Details

<p>Freehold Investment in Loughborough Town Centre. Guide price �750,000 Freehold Income producing �71,880 Per annum gross Funding available subject to status Size - 2790 sq ft both floors Price - �750,000 VAT - may be applicable on the purchase price Legal fees - Each party to bear their own costs Funding - subject to status funding may be available for this property EPC - As detailed below The property is a 2 storey brick built building under a pitched tile covered roof, with ground floor commercial space split into 2 units with a total capacity of circa 1860 sq ft. The first floors are split into 2 residential flats at circa 930 sq ft. There is a rear access and bin store to the property. Loughborough is home to Loughborough university, an excellent facility that boasts one of the largest sports scholarship schemes in the UK. Good road and rail links to surrounding towns and cities, with the M1, M42 and M69 / M6 all within a 20-mile radius and direct rail access to St Pancras station. Offered for sale Freehold subject to the residential and Commercial tenants - guide price �750,000 - The purchase price maybe subject to VAT - TBC. The property has a gross income as follows:- 18a - First floor flat - �22,880 - Inclusive bills (4 Bed) 18b - First floor flat - �26,000 - Inclusive of bills (5 Bed) 18c - Ground floor Commercial - �10,000 - 5 year lease from 1st November 2024 with 3 year break clause. 18d - Ground floor Commercial - �13,000 increasing to �15k in year 3 - 5 year lease from January 2025 with 3 year break clause. The residential accommodation is held by way of Student shorthold tenancy agreements Utilities are charged at �25pppw 18a - First floor flat - 62 (D) 18b - First floor Flat - 70 (C) 18C & D - Ground floor Commercial 124 (E)</p>

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P & F Commercial

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Investment - 18A to 18D Pinfold Gate, Loughborough LE11 1BE

£750,000 Freehold

18A to 18D Pinfold Gate, Loughborough LE11 1BE, Loughborough, LE11 1BE

Industrial Unit - Available
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