No longer on the market
This property is no longer on the market
Floorplan
MapResidential development
Residential development
Features and description
- Rare Development Opportunity
- Centrally Located
- Excellen Road Links
- Close Leicester Railway Station
Video tours
Location & Description - Readings Property Group are pleased to bring to market a rare opportunity to purchase a centrally located property suitable for residential development (subject to planning permission). The property benefits from a privately enclosed and secure car park to the rear.
This property has been used as a photographic studio by the owner for his long-established business and is located adjacent to Regus Serviced Offices. Opposite the site is the Colton Square Office Building and the mixed use complex which accommodates Premier Inn, Leicester University, Pure Gym, and Hastings Direct and within close proximity to Leicester's ever popular Cultural Quarter. Leicester Railway Station, which is due to undergo a £17 million transformation, is within a two-minute walk, and the centre of Leicester is also within a short walking distance.
Terms - The property is on the market for offers over £500,000
Accommodation - The property is set over two floors with car parking to the rear of the premises.
Ground Floor:
Reception Office, Private Office, Photographic Studio, Archive Room and WC Facilities.
171.3 sqm (1,843 sf)
First Floor:
Open Plan Office, Private Office, Kitchen, WC Facilities
88.7 sqm (954 sf)
There is car parking to the rear of the premises.
Total Gross Internal Area
260.0 sqm (2,797 sf)
Development Opportunity - The owner has been in extensive discussions with Leicester City Council's Planning Department and this prominent building offers a number of possibilities for conversion and re-development (subject to planning permission) Whether it be as a restaurant and bar with flats or office space above. A Pre Application enquiry had been submitted with detailed plans for the proposal of a mix of 6 or 7 one and two bedroom apartments with a second floor extension. It is understood that these talks have been positive. Floor plans of the proposal are available upon request.
We are pleased to offer this property with vacant possession
Ratings - Ground Floor
Rateable value is: £12,250
Rates payable as of 1st April 2023: £TBC
First Floor
Rateable value is: £6,700
Rates payable as of 1st April 2023: £TBC
Purchasers are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.
Energy Performance - Energy Rating - D (93)
Vat - We understand VAT is not applicable.
Services - Mains water, gas & electric are available.
Legal Costs - Each party to pay 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 and ISVA code of measuring practice.
This property has been used as a photographic studio by the owner for his long-established business and is located adjacent to Regus Serviced Offices. Opposite the site is the Colton Square Office Building and the mixed use complex which accommodates Premier Inn, Leicester University, Pure Gym, and Hastings Direct and within close proximity to Leicester's ever popular Cultural Quarter. Leicester Railway Station, which is due to undergo a £17 million transformation, is within a two-minute walk, and the centre of Leicester is also within a short walking distance.
Terms - The property is on the market for offers over £500,000
Accommodation - The property is set over two floors with car parking to the rear of the premises.
Ground Floor:
Reception Office, Private Office, Photographic Studio, Archive Room and WC Facilities.
171.3 sqm (1,843 sf)
First Floor:
Open Plan Office, Private Office, Kitchen, WC Facilities
88.7 sqm (954 sf)
There is car parking to the rear of the premises.
Total Gross Internal Area
260.0 sqm (2,797 sf)
Development Opportunity - The owner has been in extensive discussions with Leicester City Council's Planning Department and this prominent building offers a number of possibilities for conversion and re-development (subject to planning permission) Whether it be as a restaurant and bar with flats or office space above. A Pre Application enquiry had been submitted with detailed plans for the proposal of a mix of 6 or 7 one and two bedroom apartments with a second floor extension. It is understood that these talks have been positive. Floor plans of the proposal are available upon request.
We are pleased to offer this property with vacant possession
Ratings - Ground Floor
Rateable value is: £12,250
Rates payable as of 1st April 2023: £TBC
First Floor
Rateable value is: £6,700
Rates payable as of 1st April 2023: £TBC
Purchasers are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.
Energy Performance - Energy Rating - D (93)
Vat - We understand VAT is not applicable.
Services - Mains water, gas & electric are available.
Legal Costs - Each party to pay 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 and ISVA code of measuring practice.
Property information from this agent
About this agent
Readings is a growing estate agency based in Leicester. With a heritage going back to 1935 we formed in January 2011 as the result of a merger of two companies, Readings Hope and Mann LLP and Peter James Estates. If you are looking for estate agents in Leicester, we offer exceptional customer service and attention to detail across all services we offer. This means that more and more satisfied customers choose to use and recommend us throughout Leicestershire and further afield. Letting Agents Leicester We have considerable experience in letting properties across Leicestershire and are one of the largest independent letting agents in Leicester. As members of ARLA, you can rest assured that you are dealing with a reputable lettings company. We offer letting agent services for both residential and commercial property and currently have a wide range of properties to let. Houses for Sale in Leicester Readings offer houses for sale in Leicester and Leicestershire. We have a large selection of properties to suit all budgets and needs with houses for sale ranging from investment opportunities to grand family homes, so whether property size, location or style is your priority, we’ll have the property to suit your requirements. Estate Agency Services As industry recognized estate agents, we offer several services besides simply selling and buying houses. These include Estate Agency sales, Lettings and Property Management, Surveys, Valuations, Auctions, Landlord advice and many other property services. We are members of The National Association of Estate Agents (NAEA), Royal Institution of Chartered Surveyors (RICS) and the Association of Residential Letting Agents (ARLA). You can rest assured that whichever of our estate agency services you are using, the staff are highly experienced and knowledgeable- you will receive the highest level of care and advice. Readings are also members of The Property Ombudsman (TPO) and we adhere to strict codes of conduct and practice for your peace of mind. If you are looking for an estate agent in Leicester who will deal with your enquiry efficiently and skillfully to ensure the best outcome for you, contact Readings today on the phone number displayed or press the Contact Agent button.