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For Sale£995,000.00

43-45 Ashby Road, Loughborough, LE11 3AA

Other, Other Property Types & Opportunities , 3542 Sq Ft
Property type: Other, Other Property Types & Opportunities
Tenure: Investment Opportunity, For Sale Freehold
Size: 3542 Sq Ft
Price: £995,000.00
Location: 43-45 Ashby Road, Loughborough, LE11 3AA
Landmark building fully let investment for sale. Gross income £74,490 per annum. Asking Price £995,000 reflects a gross initial yield of approximately 7.5%.

Substantial ground floor retail showroom and ancillary offices/storage spread across two retail units providing prominent corner retail frontage to Ashby Road and Broad Street.

The current occupier has fitted the retail showroom space to a high standard as a kitchen and bathroom showroom.

At first and second floors via a self-contained entrance there are five self-contained flats. There are floor plans for each flat on our microsite as shown below.

To the rear there is a substantial rear yard area shared by the flats and commercial tenant. Two car spaces allocated to the ground floor tenant and each flat benefitting from one car space.

The premises is a substantial corner block occupying a prominent position fronting Ashby Road at its junction with Broad Street.

This well-established retail position is close to Loughborough town centre with Regent's Retail Park and Sainsburys nearby. The premises is located on part of the main pedestrian thoroughfare from the University towards the town centre and access route from the M1 Junction 23.

Nearby long-established occupiers include The Running Fox and Websters Cycles and the property has been occupied since 2007 by Cole Roberts Ltd.

( Agency Pilot Software Ref: 1816 )
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