ODDS ON SUCCESS FOR PAN ASIAN RESTAURANT IN LOUGHBOROUGH


December 18, 2014

Retail News

FHP has let a former betting shop at 31 Market Street, Loughborough to a private individual to trade as a Pan Asian restaurant/takeaway.

The former Betfred shop became surplus to requirements following relocation by the bookies to larger premises in the town.

The unit which comprises 941ft² ground floor sales was sublet to the restaurant for a term until the expiry date of Betfred’s existing lease in November 2018 but incorporating the right for the restaurant to renew directly with the landlord.

Mark Bradley of FHP Property Consultants, who represented Betfred, commented:-

“This former Tote betting shop was smaller than Betfred’s ideal requirement and following relocation, FHP were instructed to dispose of the unit specifically targeting the A3/A5 market for which the unit is ideally located to serve the nearby student population and also benefits from an outside seating area.”

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