No longer on the market
This property is no longer on the market
MapProperty
Let agreed
Property
Letting details
- Unfurnished
Features and description
- Prime City Centre Location
- Bar / Restaurant
- Built in 1900 by Arthur Wakerley
- 2,000 Sqft
- 3 Storey Basement
- Commercial Premises
- Suitable for Variety of Uses
- Offers Over: £40,000 PAX
- Quarters Deposit: £10,000
- Early Viewing Reccommended
We are pleased to offer this art nouveau style building previously used as a bar venue. Situated in a prime location in the heart of Leicester City Centre, this historic property offers an exciting opportunity for a bar, restaurant or multiple other uses.
Location
This property is located on Granby Street, Leicester City Centre near to Grand Hotel, Natwest bank and other amenities. The property benefits from being within an array of shops and eateries, and benefits from excellent passing trade and the highest footfall in Leicester.
Description
A 3 storey with basement former bar unit of approximately 2,000 sqft (185 sqm) comprising; basement, open plan bar areas on the ground and first floor and a second floor with a large store room. The property benefits from Class E use.
Rent
£40,000 pax. Rent to be paid quarterly in advance by standing order. Tenant is to be responsible for the building and contents insurance. We understand no VAT is applicable.
Planning
We understand the property has Class E use with the potential for other uses subject to obtaining planning consent. All enquiries regarding planning should be made direct to Leicester City Council planning department on[use Contact Agent Button].
Lease Terms
The lease to be offered is for a minimum term of 3 years, on a full repairing and insuring basis with 3 yearly rent reviews.
Legal Costs
The ingoing tenant is to be responsible for the landlord's reasonable legal costs for the preparation of the lease.
Rating Assessment
Charging authority: Leicester City CouncilDescription: Cafe & premisesRateable value: £8,500Rates payable: £4,250 per annum approxPeriod: 1 April 2023 - present
Location
This property is located on Granby Street, Leicester City Centre near to Grand Hotel, Natwest bank and other amenities. The property benefits from being within an array of shops and eateries, and benefits from excellent passing trade and the highest footfall in Leicester.
Description
A 3 storey with basement former bar unit of approximately 2,000 sqft (185 sqm) comprising; basement, open plan bar areas on the ground and first floor and a second floor with a large store room. The property benefits from Class E use.
Rent
£40,000 pax. Rent to be paid quarterly in advance by standing order. Tenant is to be responsible for the building and contents insurance. We understand no VAT is applicable.
Planning
We understand the property has Class E use with the potential for other uses subject to obtaining planning consent. All enquiries regarding planning should be made direct to Leicester City Council planning department on[use Contact Agent Button].
Lease Terms
The lease to be offered is for a minimum term of 3 years, on a full repairing and insuring basis with 3 yearly rent reviews.
Legal Costs
The ingoing tenant is to be responsible for the landlord's reasonable legal costs for the preparation of the lease.
Rating Assessment
Charging authority: Leicester City CouncilDescription: Cafe & premisesRateable value: £8,500Rates payable: £4,250 per annum approxPeriod: 1 April 2023 - present
Property information from this agent
About this agent
Kal Sangra Shonki Brothers - Commercial
85 Granby Street
Leicester, Leicestershire
LE1 6FB
0116 448 3844Here at Kal Sangra ~ Shonki Brothers we provide an extensive range of estate agency and property services and our aim is to provide all your property needs under one roof. Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always will 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. Local knowledge and expertise mean you can be assured that you are receiving professional and well-informed advice and expert guidance derived from over 20 years of experience.