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Lot 500
Guide Price £2,000,000
Your Bid £0
Baxter Gate, Loughborough LE11 1TH- Interested Parties will be invited to place bids via a set deadline (3rd November) the sale will take place via an auction contract (please refer to the notes)
- Substantial Freehold Leisure Investment
- Purpose-built leisure scheme extending to approximately 53,977 sq ft (5,015.5 sq m).
- Prominent town centre position adjacent to Loughborough's principal bus interchange.
- Comprising a former 8-screen Cineworld multiplex cinema and seven restaurant/leisure units.
- Let to PizzaExpress, Nando's and Centro Lounge
- Substantial site extending to approximately 1.72 acres (0.70 hectares).
- Attractive university town with a student population in excess of 18,000.
- Opportunity to increase income through occupation of the vacant accommodation.
- VAT is applicable (TOGC intended)
- Total Gross Rents £207,500 per annum (reflecting 10.37% GIY)
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