This property is no longer on the market
Retail property (high street)
Property description & features
Situation - The property is situated on Belvoir Street, a popular thoroughfare for retailers and leisure operators, within Leicester City Centre. It runs between Granby Street and Welford Road and lies close to Market Street, another well-regarded, pedestrianised shopping location.
Location - In the 2011 Census, the population of the Leicester City Council area was approximately 330,000, the highest in the East Midlands, with approximately 510,000 in the wider Leicester urban area. It is, therefore, the tenth largest city in the UK and England's 11th largest urban area.
Leicester is situated adjacent to the M1 at its intersection with the M69 and, road communications are very good. The Midland Mainline Railway serves the city and the journey time to London St. Pancras is just over an hour. Furthermore, East Midlands Airport is approximately half an hour's drive away.
Leicester is a cosmopolitan city with the largest ethnic population in the country with the majority of Asian origin.
There are two large universities, the University of Leicester and Leicester De Montfort with a combined population of approximately 40,000
Major employers include the two universities, Pepsico, Next Plc, Santander, Samworth Brothers, Crown Crest Group, Shoe Zone Group and Topps Tiles.
Description - The property comprises a ground floor lock-up shop with an attractive shop-front and with a useful basement including a kitchen/staff area and WC's.
Accommodation - Internal width: 4.76 m (15 ft. 7 ins.)
Shop Depth: 6.92 m. (22 ft. 10 ins.)
Total sales area: 28.5 sq. m. (307 sq. ft.)
Basement 32.4 sq. m. (349 sq. ft.)
Services - The property is connected to main electricity, water and drainage services. The accommodation is unheated.
No checks have been carried out in respect of the electrical installation.
Planning - The property has the benefit of Planning Permission for Use Class E. However, cafe and restaurant uses will not be permitted.
Business Rates - The premises are described in the 2017 Rating List as Shop and Premises with a Rateable Value of £10,500.
Under current circumstances and subject to conditions, no Business Rates are currently payable.
Lease - A new lease is available under a new lease on internal repairing and insuring terms for a minimum period of 3 years and with rent reviews at 3-yearly intervals.
Rent - £10,500 per annum plus VAT.
Energy Performance Certificate - Rating 58 (Band C)
Legal Costs - Each party will be responsible for their own costs incurred in respect of the transaction.
Stamp Duty Land Tax - Potential purchasers/tenants are advised to seek advice in respect of liability for stamp duty land tax in respect of this transaction.
Value Added Tax - VAT is payable in respect of the rent.
Possession - Vacant possession will be granted on completion of legal formalities.
Viewings - Strictly by arrangement with Andrew Granger & Co on[use Contact Agent Button]. Contact Kevin Skipworth at email address [use Contact Agent Button]
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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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
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