A fantastic opportunity to purchase these two properties forming one detached block, situated on this prominent position on the main Derby Road in Loughborough. The property comprises two shops and two flats, and offers potential to be used for a variety of uses subject to the necessary planning consents.
The property is situated on the main A6 Derby Road, just before Willowbrook Retail Park.
The property comprises two retail shops on the ground floor, with a further three bedroom flat on the ground and first floor, and a one bedroom flat on the first floor. The property also comprises a detached single garage situated on Holmfield Avenue, and offers scope for further development or conversion into residential or other uses, subject to obtaining the necessary planning consents.
213 Derby Road
Lounge - 4.26m x 4.26m
Bedroom - 3.83m into bay x 3.51m
Kitchen - 2.82m x 2.11m
215 Derby Road
Lounge - 4.63m into bay x 3.5m max
Sitting Room4.28m x 3.5m max
Dining Room - 3.41m x 2.82m max
Kitchen - 5.94m x 2.82m
Utility Room - 3.42m max x 2.87m max
Bedroom 1 - 4.28m x 4.27m
Bedroom 2 - 3.28m x 3.05m
Bedroom 3 - 2.09m x 2.89m
Sales Area - 57.4 sq.m. (618 sq.ft.)
215a Derby Road
Sales Area - 30.5 sq.m. (328 sq.ft.)
Storage Area - 5.4 sq.m. (58 sq.ft.)
Total Net Internal Area of Retail Units = 93.3 sq.m. (1,004 sq.ft.)
Electric, gas, water and drainage connected to the premises.
The Freehold is available to purchase for £380,000.
We are advised by Leicester City Council that the retail properties currently have the following rateable values:
215 Derby Road - £12,000
215a Derby Road - £6,100
The Uniform Business Rate for 2019/20 is 49.1p in the £.
Please make your own enquiries in respect of the residential council tax bands.
Each party is to bear their own costs in this transaction.
Off street parking and garage.
Strictly by prior appointment with Seths. Call 0116 266 9977 to book a viewing.