No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
Guide price£700,000
Added > 14 days

Mixed use for sale

10 - 12 Guildhall Lane, Leicester, LE1 5FQ
Auction
Save
Mixed use
4 bed
0 bath

Property description & features

  • Tenure: Freehold
  • COMMERCIAL / RESIDENTIAL INVESTMENT
  • GUIDE PRICE: £700,000 - £725,000
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

Places of interest

    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.

    See more properties like this:

    *DISCLAIMER

    Property reference 241346. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Kal Sangra Shonki Brothers - Auction House.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.