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The Paget

Oxford Street, Loughborough, LE11 5DP

About this opportunity

Looking to start your next business venture in Loughborough? We have the ideal place to do so.

The Paget is a large attractive building, currently trading as a traditional pub and has recently been re-decorated and had new furniture in the main bar. This pub has a great outdoor space which sees locals and students flock to in the warmer weather. There is huge potential for an independent business owner here.

The pub sits in the heart of family housing and is close to the hustle and bustle of Loughborough University and its student life. We see the space being used to serve the local community better and to attract students during the day and at night, making it a welcoming lively place with a great offer all day long. The pub has the potential to be something a little different and fun, like the collage pictures above!

Loughborough is home to an array of independent thriving businesses including art galleries, chocolate shops, cocktail bars and everything in between.

Located just off the main thoroughfare between Loughborough University and the town centre, there is plenty of passing trade.

A large pub, with outdoor space and outbuildings that can be used to extend the offer and diversify trading areas.

The upstairs private accommodation is a generous size and there is also a private outside area for anyone living in the building or this space could be used to offer more trading space.

Loughborough is a thriving town situated in Leicestershire, and whilst it may be predominantly known as a university town, it has become a desirable living area for both families and young professionals, mainly due to its location and excellent transport links.

The Leicester Mercury recently wrote an article titled ‘Eight reasons why Loughborough is actually Leicestershire's best town’ which said, “… Loughborough has the buzz of a small city - it's a perfect balance of the best that big and small places can offer”. Read the full article here.

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Public areas

  • Main bar
  • Snug area
  • Second bar area
  • Disabled toilet
  • Large garden
  • Commercial kitchen

Private areas

  • 2x Large double bedrooms
  • Single bedroom
  • Living room
  • Kitchen
  • Bathroom
  • Private yard area

Other areas

  • 2x Outside storage units
  • Garage

The community

Located a 36-minute drive away from Derby, 32-minute drive away from Nottingham and just a 27-minute away drive from Leicester, whilst also being a short 5-minute drive away from Junction 23 of the M1, Loughborough is a commuter’s dream. There is also the 24 hour Skylink bus service that runs from Loughborough, and stops off at Leicester, Derby and East Midlands Airport, which is roughly a 15-minute drive away from the town.

Undoubtedly, one of the big attractions of the town is the university. Boasting a whole host of awards and achievements such as being ranked the fourth best university in the country, Loughborough University is a revered and respected learning institution. And with over 18,000 students in attendance at the university, they represent a sizeable addition to the town’s 60,000 population. The institution also attracts a large number of visiting professionals and families, who visit the university regularly for conferences, sports camps, business meetings or visiting their children, and consequently visit the town’s pub’s, café’s or restaurants in need of refreshment.

Loughborough has a flourishing arts and literature scene and hosts many well-attended events throughout the year. The thriving arts scene has produced many success stories such as a new thriving independent gallery space in the Carillion shopping precinct, and also the well-loved Loogabarooga children’s literary festival which is held every summer.

There are also several successful local schools and colleges a short drive away from the pub, including De Lisle College, Loughborough Endowed Schools, Limehurst Academy and Loughborough College.

Loughborough has gained a reputation for being a go-to shopping destination in recent years, as it has all the major retail outlets, but is a more relaxed setting than shopping in the city and has the added bonus of having ample parking. This point has further been re-enforced by the fact that the town has several flourishing independent retail outlets located directly off the town centre on Church Gate.

Oxford Street, Loughborough, LE11 5DP
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