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Knightthorpe Rd
Loughborough LE11 4JX
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Retail convenience store
  • Net yield of 6%
  • Let to central England cooperative on a 15 year lease from 2015

PROPERTY FACTS

Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
4,350 sq ft
Costar Property Class
B
Year Built
1920
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.26
Total Plot Size
0.39 ac
Parking
19 Spaces (4.36 Spaces per 1,000 sq ft Leased)
Frontage
147 ft on Knightthorpe Rd

AMENITIES

  • Storage Space
  • Monument Signage

ABOUT KNIGHTTHORPE RD , LOUGHBOROUGH, LEC LE11 4JX

The property is a former public house which was converted to a convenience store with a self contained first floor flat in 2015. The building is of two storey solid brick construction under a pitched slated roof. The ground floor is used for retail purposes with associated rear stores. There is a self contained access to the first floor flat which comprises 3 bedrooms, reception and fitted kitchen. There is an extensive customer car park on the front of the property with access directly off Knightthorpe Road. The East Midlands town of Loughborough is an attractive market town with a residential population of 59,317 and the surrounding District of Charnwood has a population of 180,387 (2011 Census). Loughborough is situated adjoining the M1 (J23) between Leicester (12 miles) and Nottingham (15 miles).

  • Listing ID: 18815585

  • Date on Market: 10/03/2020

  • Last Updated:

  • Address: Knightthorpe Rd, Loughborough LE11 4JX

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