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COMMERCIALSOLD STC

2 Narborough Road, Leicester, LE3 0BQ

Guide Price
£269,000
Shonki Brothers, Auctions
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Description

*For Sale by Auction on 24th February 2021 commencing at 05:00 PM*

Please note this Auction will be steamed live via our website with Remote Bidding by Proxy, Telephone or Internet Only.

Freehold Investment. Substantial Victorian three storey bar/restaurant premises with character, situated within a prominent parade. Ideal investment opportunity.

Location
The property is located on the junction of Narborough Road and Braunstone Gate, within walking distance of Leicester Royal Infirmary, De Montfort University and Leicester City Centre.

Accommodation
The property comprises of a large ground floor bar having a seating area with lower ground floor offering further seating. There is also an office along with ladies and gents WC's.

On the first floor there is further seating area and a serving area for food.

The second floor has a kitchen facility and ladies & gents WC's.

Planning
We have been informed that the property currently has, formerly A3 (Restaurant & Caf) Use, now Class E Use of The Town and Country Planning (Use Classes) (Amendment) Regulations 2020.

Tenure
Freehold subject to existing lease. The property has been Let for a term of 6 years from 29th August 2017 at a rent of £20,000.00 per annum.

Note
The completion date will be on or before eight weeks following exchange of contracts.

Solicitors
Salusbury Harding and Barlow Solicitors,
1 Berridge Street, Leicester, LE1 5JT
TEL: (Ref: S.Swift)
Email: s.

*Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions*

NOTE: Properties can be purchased prior to Auction

2 Narborough Road, Leicester, LE3 0BQ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station1.0 miles
  • South Wigston Station3.3 miles
  • Narborough Station4.7 miles

About Shonki Brothers, Auctions

95 Narborough Road, Leicester, LE3 0PA

Auctions

Regularly held at the King Power Stadium, Leicester, our Auctions include:

Vacant Properties

Investment Properties

Property Needing Refurbishment

Repossessed Properties

Probate Properties

Building Land

Established in auctions for 19 years, we have been at the forefront of the auction property market for a considerable amount of time and provide an excellent service to clients.

Residential Sales

If Auctions are not your preferred route of selling your property we can also offer your property to be sold on the open market.

We have a NO SALE: NO FEE policy on any open market instruction we take on so rest assured that there will be no out of pocket expenses unless we achieve the sale on your property.

Residential Lettings

With a large portfolio of properties currently managed we feel that we offer a service second to none to Landlords of various kinds of property. Whatever the size, location, condition of your property we feel as though we can achieve a letting.

Commercial Sales/Lettings

We can offer any commercial property to include retail, industrial or office property for sale or to let. If we don't achieve the sale or letting quite simply we don't get a fee!

We are a company with the clients interest at heart and you can be assured that your needs as a potential customer of Shonki Brothers will be handled in the most efficient and professional way.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 126400. 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 Shonki Brothers, Auctions. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Shonki Brothers, Auctions on 0116 255 7573.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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