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EPC (Contains public sector information licensed under the Open Government Licence v3.0.)
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£450,000

Property for sale

Friar Lane, Leicester LE1
Property
Added > 14 days

Features and description

  • Prime corner-facing commercial property on Friar Lane in Leicester's city centre
  • Previously operated as a successful restaurant, reflecting the area's vibrant business scene
  • Strategic location with high visibility and foot traffic, ideal for bars and restaurants
  • Versatile layout includes an open-plan space, offices, W/Cs, store room, and kitchen area
  • Long-term stability with 992 years remaining on the lease; transparent service charges available on request
  • VAT applicability elected; final prices subject to VAT, presenting an exceptional business opportunity
Welcome to an exceptional opportunity in the heart of Leicester's city centre - a prime commercial property for sale on Friar Lane, offering a leasehold interest that is set to redefine your business ambitions. This corner-facing commercial premises, previously a thriving restaurant business, is strategically located to capitalise on the dynamic energy of the city's bustling core.

Positioned in an area renowned for its vibrant commercial activity, particularly in the realm of bars and restaurants, this property stands as a testament to the pulse of Leicester's business district. Friar Lane, with its strategic corner positioning, ensures high visibility and foot traffic, making it an ideal setting for businesses seeking a dynamic and accessible locale.

The property itself presents a versatile layout, featuring an inviting entrance area leading into an expansive open-plan space - a blank canvas awaiting your unique vision. With two sets of stairs leading to the floor below, the lower level boasts a well-designed arrangement of offices, W/C facilities, a convenient store room, and a functional kitchen area. This thoughtful layout caters to a variety of business needs, providing both open spaces for customer engagement and private areas for administrative functions.

With an impressive 992 years remaining on the lease, this property offers long-term stability for your business. Service charges, essential for the upkeep of communal areas and shared amenities, are available on request, ensuring transparency in your investment. It's noteworthy that the property has been elected for VAT applicability, and any final prices will be subject to VAT.

In summary, this prime commercial property on Friar Lane presents a rare chance to establish your business in the heart of Leicester's city centre, surrounded by a thriving commercial landscape. Don't miss the opportunity to make this versatile space your own, where history, modernity, and business prospects converge seamlessly. For further details and to explore the potential of this leasehold interest, contact us today.
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About this agent

BM Estates - Leicester
BM Estates - Leicester
312 Saviours Road Leicester LE5 4HJ
0116 448 9104
Full profileProperty listings
BM Estates is fuelled by a genuine passion for what we do, taking pride in our distinctive approach to the entire process of connecting individuals with their perfect homes. Our unique perspective extends from recognising the intricacies that others may overlook to an unparalleled understanding of neighbourhoods. Beyond mere customers and houses, we see people and homes. Established in 2006, our team is unwavering in its commitment to maintaining a reputation as a proactive, honest, professional, and trustworthy company. We steadfastly uphold the quality of our service, constantly seeking avenues for improvement. Director Minesh Modha, a seasoned property professional with close to 20 years of local experience, leads our team. Through economic downturns and property market upswings, we have consistently stayed ahead of market trends, providing invaluable advice to our clients. Our dynamic team includes Aaran Rathod (Sales Manager), Shradhdha Khetia (Lettings Manager), Naz Adam (Property Specialist), Kishor Kotecha (Accounts Manager), and Dimple Modha (Sales & Lettings Executive). As proud members of the Property Ombudsman, we adhere to the highest standards of ethics and professionalism. Whether you are looking to let or sell immediately or simply seeking an up-to-date market appraisal with no obligation, we would be delighted to hear from you. With our profound local knowledge, robust brand, and extensive web coverage, we consistently attract serious tenants and buyers on local, national, and international levels. Contact us now to schedule a free, no-obligation market appraisal of your property and experience the BM Estates commitment to seamless and personalised property services.
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