No longer on the market
This property is no longer on the market
Map
Area statsMixed use
Auction
Mixed use
4 beds
Features and description
- Commercial / residential investment
- Guide price: £700,000 £725,000
Sold after auction for an undisclosed amount For Sale by Public Auction on17/04/2024
Location:
The properties are located in the city centre, next to Leicester Cathedral and near to Highcross Shopping Centre.
Description:
A pair of 3 storey plus basement Grade II Listed buildings. The properties comprise of a ground floor and basement bar/restaurant and 4 one bedroom self contained flats above.
Tenure
Freehold, subject to existing lease/tenancies.
Solicitors
Bond Adams, Richmond House, 94 London Road, Leicester LE2 0QS
[use Contact Agent Button] ~ Ref: H Waka
Accommodation: FLOOR USE SQFT (SQM) APPROX EPC LEASE / 12 MONTHS AST COMMENCING RENT £ PAX BasementRestaurant, bar, kitchen, WC1,043 (97)133, F4 year lease from 01.01.2023 with tenant break option on 01.01.2025. Tenant has been in occupation for 10 years approx.26,000GroundRestaurant, bar1,030 (96)FirstFlat 1452 (42)52, E08.2022 - refer to legal pack7,200Flat 2570 (53)62, D01.2023 - refer to legal pack7,200SecondFlat 3345 (32)52, E01.2024 - refer to legal pack7,200Flat 4410 (38)55, D01.2023 - refer to legal pack7,200 Current Rental Income 54,800 Estimated Rental Income 59,600
Location:
The properties are located in the city centre, next to Leicester Cathedral and near to Highcross Shopping Centre.
Description:
A pair of 3 storey plus basement Grade II Listed buildings. The properties comprise of a ground floor and basement bar/restaurant and 4 one bedroom self contained flats above.
Tenure
Freehold, subject to existing lease/tenancies.
Solicitors
Bond Adams, Richmond House, 94 London Road, Leicester LE2 0QS
[use Contact Agent Button] ~ Ref: H Waka
Accommodation: FLOOR USE SQFT (SQM) APPROX EPC LEASE / 12 MONTHS AST COMMENCING RENT £ PAX BasementRestaurant, bar, kitchen, WC1,043 (97)133, F4 year lease from 01.01.2023 with tenant break option on 01.01.2025. Tenant has been in occupation for 10 years approx.26,000GroundRestaurant, bar1,030 (96)FirstFlat 1452 (42)52, E08.2022 - refer to legal pack7,200Flat 2570 (53)62, D01.2023 - refer to legal pack7,200SecondFlat 3345 (32)52, E01.2024 - refer to legal pack7,200Flat 4410 (38)55, D01.2023 - refer to legal pack7,200 Current Rental Income 54,800 Estimated Rental Income 59,600
Area statistics
Crime score
High crime
10/10
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.