Restaurants in North West Leicestershire available to rent
2

Restaurants to Rent in North West Leicestershire

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Restaurants to rent within 10 miles of North West Leicestershire

More details for 7 High St, Loughborough - Retail to Rent

7 High St

Loughborough, LE11 2PY

  • Retail to Let
  • £30,000 pa
  • 1,928 sq ft
  • 1 Unit Available Now
  • Kitchen
  • Display Window

Loughborough Retail to Rent

This property comprises a substantial three-storey end terrace building of masonry construction. The subject property is located on High Street within Loughborough town centre, close to the junction of Baxter Gate and the pedestrianised zone of Market Place. Nearby occupiers include Esquires Coffee, Andrew Granger & Co, Francis & Gaye, Lloyds Bank and other local fast food / restaurants.

Contact:

Mather Jamie

Date on Market:

16/10/2024
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More details for 2 Shardlow Road, Derby - Retail to Rent

2 Shardlow Road

Derby, DE24 0JH

  • Retail to Let
  • £12,000 pa
  • 480 sq ft
  • 1 Unit Available Now
  • Kitchen

Derby Retail to Rent - Derby Fringe

The property comprises a detached building of masonry construction offering retail spaces on the ground floor and residential accommodation on the upper floor. Alvaston is a popular residential suburb located 3 miles to the east of Derby’s City Centre with a resident population of 16,255. The shopping facilities are centered on both sides of Shardlow Road/London Road (A6) which runs from its junction with the A50 trunk road into Derby City Centre. Nearby occupiers include: Boots, William Hill, Betfred, Mind Charity, Birds Confectioners, Domino’s Pizza, a Sub Post Office, Tesco Express, Iceland, White Cross Vets and Subway.

Contact:

Raybould & Sons Ltd

Date on Market:

20/02/2024
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LoopNet UK Leicestershire Coalville Restaurants To Rent in North West Leicestershire, Coalville, UK

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Frequently Asked Questions About Renting A Restaurant in North West Leicestershire

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What should I consider before renting a restaurant?
Consider the location, footfall, nearby competition, size of the premises, kitchen facilities, extraction systems, licensing, business rates, and whether the layout supports your concept. Planning permission and permitted use are also key.
What is the typical lease length for a restaurant?
Most restaurant leases in the UK are between 5 and 15 years, often with a break clause or rent review after a set period. Short-term lets or pop-ups may be available in some areas.
Do I need planning permission to open a restaurant?
Yes, the premises must have the correct planning use class. Restaurants typically fall under Use Class E (formerly A3). If the premises does not have the correct use, you may need to apply for a change of use through the local council.
What licences do I need to operate a restaurant?
You will need a premises licence if you plan to serve alcohol, play music, or trade late. A food business registration with the local authority is also required before opening.
Are business rates included in the rent?
Usually not. Business rates are typically paid separately by the tenant. However, some landlords may offer rent packages that include rates or service charges. Always confirm what's included.
What is key money and is it common?
Key money is an upfront payment for securing a sought-after lease, often in high-demand areas. It can include fixtures, fittings, goodwill, or lease assignment value. It's more common in established restaurant areas like London or city centres.
Can I take over an existing restaurant?
Yes. Many restaurant premises are offered as lease assignments or with existing fit-outs. This can save on setup costs, but make sure to review existing equipment, licences, and obligations under the lease.
What should I check in the lease agreement?
Check repair obligations, permitted use, rent reviews, service charges, signage rights, and whether you can make alterations. Always seek advice from a solicitor familiar with commercial leases.
Can I renovate or fit out the restaurant space?
Generally yes, but you’ll need the landlord’s written consent for significant changes. Some premises come with a ready-to-use fit-out, while others are let as a blank shell.
How much does it cost to rent a restaurant in North West Leicestershire?
Rental prices vary by area and size. Prime high street or city centre locations command higher rents, while fringe or suburban areas are more affordable. Additional costs include fit-out, licences, deposits, and business rates.
How do I find a restaurant to rent in North West Leicestershire?
Search on LoopNet, and contact agents who specialise in hospitality and leisure property.

Find More Restaurants to Rent in and Near to North West Leicestershire on LoopNet

North West Leicestershire (Coalville) Restaurant Rental Market Summary

Key rental metrics for Restaurants in North West Leicestershire (Coalville) and comparable markets. This snapshot combines rental rates and typical space sizes to provide a comprehensive view of the rental market.

Market Avg Rent Per Sq Ft Typical Size
Loughborough £12 1,928 sq ft
Derby £14 2,713 sq ft
Market Drayton £11 907 sq ft
Nuneaton £6 3,035 sq ft
Tamworth £8 2,266 sq ft

Rent Analysis for North West Leicestershire (Coalville) Area

Compare rental rates per square foot across cities near North West Leicestershire (Coalville). These rates help establish market benchmarks and identify opportunities for tenants and landlords in the commercial rental market.

City Min Rent Per Sq Ft Avg Rent Per Sq Ft Max Rent Per Sq Ft
Loughborough £12 £12 £12
Derby £10 £14 £19
Market Drayton £11 £11 £11
Nuneaton £6 £6 £6
Tamworth £8 £8 £8

Available Restaurant Sizes Near North West Leicestershire (Coalville)

Overview of Restaurant sizes currently available in the North West Leicestershire (Coalville) area. Understanding the typical size range helps narrow your search based on space requirements and operational needs.

City Smallest Space Typical Size Largest Space
Loughborough 1,928 sq ft 1,928 sq ft 1,928 sq ft
Derby 480 sq ft 2,713 sq ft 5,679 sq ft
Market Drayton 907 sq ft 907 sq ft 907 sq ft
Nuneaton 3,035 sq ft 3,035 sq ft 3,035 sq ft
Tamworth 2,266 sq ft 2,266 sq ft 2,266 sq ft

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