Commercial Property in Loughborough

8A Swan Street, Sileby, Loughborough, Leicestershire LE12 7NW
  • Lot No: 79
  • Property Type: Commercial Property
  • Contract Type: Split fee

Guide Price* £185,000+ plus fees

Result Sold After Auction

Property Description

A former Methodist Church which is now used as a School for additional need students. Originally built in 1931 the property underwent a scheme of upgrading and re-development and now offers excellent size accommodation over 2 floors totalling 269 sqm / 2896 sqft. Numerous period features throughout including stone mullion windows and exposed timbers. A mixture off reception rooms, classrooms, offices, toilets and kitchen along with small outside courtyard areas. Offered let at £16,000 per annum. The last 5 year tenancy has expired and is now on a rolling contract. Planning permission was granted in January 2024 for conversion to 4 large apartments. 3x Two beds and 1x One Bed. Charnwood Council Planning Ref P/23/1924/2. Sileby is a well serviced village with a good range of amenities, excellent transport links and train station. A great investment opportunity with planning permission for future development. Ground Floor - Reception Second Reception Hall 9.00m x 4.00m Classroom - 7.75m x 4.05m Classroom - 7.50mx 4.20m Rear Lobby Office- 4.55m x 6.60m Classroom - 5.80m x 4.55m Kitchen - 4.05m x 4.10m Rear Hallway Toilets First Floor - Office One- 9.00m x 6.45m max Office Two - 5.95m x 4.05m Office Three - 5.60m x 2.70m Outside - Small outside space to front along with small courtyard areas to side and rear.

Draft Sales Details

These sales details are awaiting vendor approval.


Completion Date

Completion will be 28 working days from exchange. Please refer to the special conditions within the legal pack.


Tenure

Freehold