Retail Property (high street) to rent

Hotel Street, Leicester, Leicestershire, LE1

£35,000 pa| £2,917 pcm

Property Description

Commercial information

  • Use class orders: A1 Shops and A3 Restaurants and Cafes

Key features

  • Landmark Building
  • Corner unit with strong return frontage
  • Improving location

Full description

LOCATION

The premises are situated in the Leicester Lanes Shopping Area on the main thoroughfare from Market Street through St Martin's Shopping Centre/Loseby Lane to the Highcross Shopping Centre, the main retail centre in Leicester.

The property is in a Conservation Area and the nearby improvements to Cathedral Square and Richard III Centre have enhanced the retail offer in this area, with further upgrading around the market place likely to create a vibrant retail and leisure environment.

DESCRIPTION

Forming part of a much larger landmark building the premises constitute a prominent ground floor retail and ancillary space with labyrinthine basements

In addition to traditional retail occupiers the property is likely to be of interest to a high class restaurant or coffee house.

ACCOMMODATION

Sales Area 75.16 m2 1,191 sq ft
Store 9.10 m2 268 sq ft
Workshop 97.17 m2 2,150 sq ft

RATING

Rateable Value: 20,000.00
Est. Rates Payable 2017/2018: 9,340.00

Calculated using VOA estimator tool (www.tax.service.gov.uk/business-rates-calculator)

USER

We understand that the premises have an existing use for A1 retail under the Town & Country Planning (Use Classes) Order 1987 but interested parties should confirm this with Leicester City Council.


SERVICES

We are advised that mains drainage and electricity are provided to the premises.

LEASE

The premises are available on a new Lease on terms to be agreed subject to 3 yearly rent reviews.

RENTAL

Commencing at 35,000 pa and payable quarterly in advance


















































LEGAL COSTS

The incoming Tenant will be required to discharge the Landlord's reasonable legal costs incurred in documenting the Lease.

EPC RATING - E


More information from this agent

Nearest stations

  • Leicester (0.5 mi)
  • South Wigston (3.6 mi)
  • Syston (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Jarroms Ltd, Leicester

15 Upper King Street Leicester LE1 6XF

0116 452 0276 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 (0.5 mi)
  • South Wigston (3.6 mi)
  • Syston (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Jarroms Ltd, Leicester

15 Upper King Street Leicester LE1 6XF

0116 452 0276 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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