Retail Property (high street) to rent

King Street, Leicester, Leicestershire, LE1

2,535 sq. ft. | £35,000 pa| £2,917 pcm

Property Description

Commercial information

  • 2,535 sq ft (235 sq m)
  • Use class orders: A1 Shops, A2 Financial and Professional Services and B1 Business

Full description

Tenure: Leasehold

Location

The property is situated at the junction of King Street and New Walk in the heart of Leicester city centre. Surrounding uses are a mixture of leisure and office occupiers.

Immediately adjacent to the site is the former Leicester City Council offices which have now been demolished to make way for a new scheme which when complete will provide Grade A offices, retail/leisure and residential.

Description

The premises are the former White Peacock restaurant with accommodation over basement, ground and first floor levels.

Accommodation

Ground Floor Sales 122.64 sq m (1,320 sq ft)
Basement 58.03 sq m (624 sq ft)
First Floor Offices 54.94 sq m (591 sq ft)

Tenure

The premises are available by way of a new effectively full repairing and insuring lease for a term to be agreed.

Rent

A commencing rental of 35.000 per annum is sought for the property.

Planning

The current use for the property is A3 Restaurant. However, the clients preference is for the property to be used for a non licensed use and we are of the opinion the property would suit, office or retail uses, subject to obtaining the necessary planning consent.

VAT

It is understood VAT is not applicable

Business Rates

From enquiries with the valuation office web site we understand the property has been assessed as follows.

Rateable Value - 17,000
Rates Payable 2016/17 8,449

Service Charge

A service charge will be payable and further information is available from the agents.


More information from this agent

Nearest stations

  • Leicester (0.3 mi)
  • South Wigston (3.4 mi)
  • Syston (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

0115 798 0077 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Leicester (0.3 mi)
  • South Wigston (3.4 mi)
  • Syston (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

0115 798 0077 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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