Cushman & Wakefield

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Contacts

  • Doug Tweedie

    • T: 0121 710 5745 (Direct)
    • T: 07920788178 (Mobile)
    • T: 0121 200 2050 (Office)

Unit 7, Baxter Gate Retail Park

Loughborough, Leicestershire, LE11 1TG

Unit 7, Baxter Gate Retail Park, Loughborough - Picture 2017-12-05-12-35-18

Size

5,070 sq ft, (471 sq m)

Lease Type

New Lease

Rent

£127,500 pa

Use Class

A2 A4 & D2

Lease Term

The property is available on a new full repairing and insuring lease, for a term to be agreed.

Description

Prime bar/restaurant opportunity within Baxter Gate.

Baxter Gate is the town’s first dedicated leisure/entertainment venue. Having opened in May 2016 the tenant line up includes an 8 screen cinema operated by Cineworld, Nando’s, Pizza Express, Loungers, Loco Mexicano, Bella Italia, Preto and Starbucks.

Location

Loughborough is a prosperous and historic university town with a residential population of approximately 50,000 people. Located approximately 15 miles from Nottingham and 11 miles from Leicester, Loughborough is possibly best known for its very successful sports university which supports over 17,000 students.

Tenant

Mimosa

Accommodation

  • Areassq ftsq m
  • Ground Floor5,070471.00
  • Total Size5,070471.00

Rates

  • Rateable Value: £78,000
  • UBR: 47.90p/£
  • Rates Payable: £37,362

We are verbally informed that the premises are assessed as above. We would recommend that interested parties make their own enquiries via the Local Rating Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Viewing

Strictly by appointment.