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This property is no longer on the market

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Retail property (high street)

Auction
Retail property (high street)
Added > 14 days

Features and description

  • Retail / cafe premises
  • Guide price: £725,000 £750,000

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Available for £750,000 For Sale by Public Auction on02/03/2022

Location:
The property is located in the city centre near to the Clock Tower and next to Highcross Shopping Centre, it has the benefit of a double frontage to Church Gate and New Bond Street.

Description:
A substantial 3 storey retail/cafe of approximately 6,364 sqft. The property was previously the Brucciani caf with approximately 200 covers. The double entrances facilitate division to 2 retail units or alternative uses including residential subject to planning.

Accommodation:
Ground Floor:
Sales area, WC.
GIA: 1,992 sqft (185.1 sqm)

First Floor:
Sales area, kitchen, stores.
GIA: 2,345 sqft (217.8 sqm)

Second Floor:
Stores, 2 staff areas (one from New Bond Street), WC.
GIA: 2,027 sqft (188.3 sqm)

Total GIA: 6,364 sqft (591.2 sqm) approx.

Planning:
The property has planning permission for Class E Use (formerly A3, Coffee Shop/Restaurant).
Planning has been granted for conversion of part of the upper floors to 8 flats (C3).
Planning Permission No. 20191893 dated 12.03.2021.
We have been advised that Building Regulation approval has been granted for commencement of the conversion.
Local Authority: Leicester City[use Contact Agent Button].

Note
Sale includes all fixtures and fittings.

Tenure
Freehold.

Energy Performance Certificate:
Rating 108, Band E.

Estimated Rental Value:
£87,500 pax approx.

Solicitors
Parity Legal, Parity House, 19a Church Street, Oadby, Leicester
LE2 5DB
[use Contact Agent Button] ~ Ref. K Singh
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About this agent

Kal Sangra Shonki Brothers - Auction House
Kal Sangra Shonki Brothers - Auction House
85 Granby Street Leicester, Leicestershire LE1 6FB
0116 484 9720
Full profileProperty listings
Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.
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