Property for sale
Property description & features
Location - The property is located on Charles Street with a frontage also to Rutland Street. Charles Street leads to the pedestrianised section of Humberstone Gate which is a prime retail area, accommodating occupiers such as Tesco, Primark, Marks & Spencers and Superdrug and provides access to the Haymarket Shopping Centre. The city's main bus station is located on Charles Street.
Description - The property is a corner three storey building plus a basement which is split to provide two retail units on the ground floor with shopfronts and offices to the upper floors that are linked to one of the retail units (No.96). The basement is accessed from No.100. No.96 is arranged over ground, 1st & 2nd floor and No.100 is over ground floor and basement.
Accommodation - The Net Internal Area is as follows
96 Charles Street
Ground Floor Retail/Sales22.5 sqm (242 sf)
First Floor Offices 93.9 sqm (1010 sf)
Second Floor Offices 81.3 sqm (875 sf)
Total NIA 197.7 sqm (2,127 sf)
100 Charles Street
Ground Floor Retail/Sales50.9 sqm (547 sf)
Basement 49.8 sqm (536 sf)
Total NIA 100.7 sqm (1,083 sf)
The total gross internal area of the whole site is approx 3,850 sqft
Tenancy Schedule - The property is current let to two tenants on the following terms:
No.96
Let to Andersons Letting for 10 years, whcih was renewed from 20 July 2015 (original lease dated 20 July 2005). The current rental being paid is £16,000 per annum.
No.100
Let to Bricks & Home Group Ltd for a term of 5 years from 09 February 2023 at a rent of £11,000 per annum.
Terms & Opportunity - There is an opportunity to convert the upper floors and part of the ground floor in to residential appartments subject to planning.
The property is on the market for offers at £400,000.
Rating - Rateable value £4,600 - No.96
Rates payable 2024/25: £2,295.40
Rateable value £7,400 - No.100
Rates payable 2024/25: £3,692.60
Prospective purchasers are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.
Energy Performance - No.96: D Rating
No100: D Rating
Vat - We understand VAT is not applicable.
Services - Mains water, gas and electric are available, however gas in only connected to No.96.
Legal Costs - Each party to bear their own legal costs
Viewings - Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar).[use Contact Agent Button]
Agent Notes - CONSUMER PROTECTION LEGISLATION - These details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS Code of Measuring Practice (6th Edition) and ISVA code of measuring practice.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 33107063. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Readings Property Group - Leicester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.