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COMMERCIAL

Friar Lane, City Centre, LE1

Offers Over
£450,000
BM Estates, Leicester
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Prime corner-facing commercial property on Friar Lane in Leicester's city centre
  • Previously operated as a successful restaurant, reflecting the area's vibrant business scene
  • Strategic location with high visibility and foot traffic, ideal for bars and restaurants
  • Versatile layout includes an open-plan space, offices, W/Cs, store room, and kitchen area
  • Long-term stability with 992 years remaining on the lease; transparent service charges available on request
  • VAT applicability elected; final prices subject to VAT, presenting an exceptional business opportunity

Description

Welcome to an exceptional opportunity in the heart of Leicester's city centre - a prime commercial property for sale on Friar Lane, offering a leasehold interest that is set to redefine your business ambitions. This corner-facing commercial premises, previously a thriving restaurant business, is strategically located to capitalise on the dynamic energy of the city's bustling core.

Positioned in an area renowned for its vibrant commercial activity, particularly in the realm of bars and restaurants, this property stands as a testament to the pulse of Leicester's business district. Friar Lane, with its strategic corner positioning, ensures high visibility and foot traffic, making it an ideal setting for businesses seeking a dynamic and accessible locale.

The property itself presents a versatile layout, featuring an inviting entrance area leading into an expansive open-plan space - a blank canvas awaiting your unique vision. With two sets of stairs leading to the floor below, the lower level boasts a well-designed arrangement of offices, W/C facilities, a convenient store room, and a functional kitchen area. This thoughtful layout caters to a variety of business needs, providing both open spaces for customer engagement and private areas for administrative functions.

With an impressive 992 years remaining on the lease, this property offers long-term stability for your business. Service charges, essential for the upkeep of communal areas and shared amenities, are available on request, ensuring transparency in your investment. It's noteworthy that the property has been elected for VAT applicability, and any final prices will be subject to VAT.

In summary, this prime commercial property on Friar Lane presents a rare chance to establish your business in the heart of Leicester's city centre, surrounded by a thriving commercial landscape. Don't miss the opportunity to make this versatile space your own, where history, modernity, and business prospects converge seamlessly. For further details and to explore the potential of this leasehold interest, contact us today.

Friar Lane, City Centre, LE1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.5 miles
  • South Wigston Station3.5 miles
  • Syston Station4.7 miles

About BM Estates, Leicester

312 St. Saviours Road, Leicester, LE5 4HJ

Here at BM Estates we love what we do and pride ourselves on having a unique perspective on the entire process of matching people with homes. From the little things we see that others miss, to the neighbourhoods we know like the back of our hands. Because where others see customers, we see people. And where others see houses, we see homes.

We have a passion for the job that makes us the first port-of-call when people are buying, selling or renting.

We offer a unique perspective on what really sells homes and the areas we work in.

We look after the little details that make every home different.

We rejoice in local detail.

We listen to what people really want, so no one's time is wasted.

We make the home-moving process as pleasant and stress-free as possible.

We act in a way that demonstrates to our customers how and why we see things differently, so that they can see things differently too.

Established in 2006 the Team are focused on maintaining their reputation as a pro-active, honest, professional and trustworthy company, never compromising on quality of service and always looking to improve wherever we can.

The Director, Minesh Modha is an experienced Property professional with over 15 years' experience in the local area. During this time we have gone through recessions and property market booms, we have been able to stay ahead of the market trends and offer valuable advice to our clients. The team members include Shradhdha Khetia (Lettings Manager), Aaran Rathod (Senior Sales Executive), Kishor Kotecha (Accounts), Urvashi Odedra (Customer Service). The company is also a member of the Property Ombudsman.

With our extensive local knowledge, strong brand and powerful web coverage, we continue to attract the most serious tenants and buyers on a local, national and international basis.

Call us now to arrange a free, no-obligation market appraisal of your property.

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Disclaimer - Property reference BMEST_002992. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BM Estates, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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