No longer on the market
This property is no longer on the market
MapRestaurant
Auction
Sold STC
Restaurant
5737
Features and description
- Commercial investment
- Freehold, subject to existing lease. The property is let on a 5 year FRI lease from 25.03.2023 at a rent of £32,000 pax with annual upward rent increase of £1,000.
- Guide price: £425,000 £450,000
Sold for £452,000 For Sale by Public Auction on22/11/2023
Location:
The property is located within the High Street conservation area in the city centre, opposite Highcross Shopping Centre.
Description:
A 5 storey Grade II Listed property of approximately 5,731 sqft. The property is used as a restaurant and has 90 covers over the ground and first floors. The rear can be accessed via separate front side access and road access from Coronation Place which is off Guildhall Lane.
Tenure
Freehold, subject to existing lease.
The property is let on a 5 year FRI lease from 25.03.2023 at a rent of £32,000 pax with annual upward rent increase of £1,000.
Energy Performance Certificate:
Rating 73, Band C.
Solicitors
Rothera Bray LLP, Spa Place, 36-42 Humberstone Road, Leicester
LE5 0AE
[use Contact Agent Button]~ Ref: P Heseltine
Location:
The property is located within the High Street conservation area in the city centre, opposite Highcross Shopping Centre.
Description:
A 5 storey Grade II Listed property of approximately 5,731 sqft. The property is used as a restaurant and has 90 covers over the ground and first floors. The rear can be accessed via separate front side access and road access from Coronation Place which is off Guildhall Lane.
Tenure
Freehold, subject to existing lease.
The property is let on a 5 year FRI lease from 25.03.2023 at a rent of £32,000 pax with annual upward rent increase of £1,000.
Energy Performance Certificate:
Rating 73, Band C.
Solicitors
Rothera Bray LLP, Spa Place, 36-42 Humberstone Road, Leicester
LE5 0AE
[use Contact Agent Button]~ Ref: P Heseltine
About this agent
Kal Sangra Shonki Brothers - Auction House
85 Granby Street
Leicester, Leicestershire
LE1 6FB
0116 484 9720Established 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.