Rutland Street, Leicester

Readings Property Group are pleased to market a ground floor retail premises located directly opposite the substantial re-development of the former international hotel which will accommodate 472 student bedrooms. This presents the opportunity for occupiers to take advantage of the high footfall the completed development may present. The property is suitable to use as a cafe, general retail or office. Other uses will be considered.

Location - The property is situated close to the junction with Humberstone Gate and Humberstone Road, immediately adjacent to the Helsinki Bar and Unico Italian Restaurant. The property is directly opposite the former International Hotel which is currently being re-developed for student living.
Being located on the eastern side of Leicester City Centre, it is known to be within the 'Cultural Quarter', with The Curve Theatre at the centre of the attraction as well as other mixed-use buildings that complement the artistic scene within the area.

Terms & Rental - £15,000 per annum

A new Internal Repair and Insuring Lease to be granted for a term of years to be agreed. A 3 month rent deposit will be required.

Accommodation - The property accommodates is arranged on the ground floor and includes a main shop floor and rear storage area.

Total Net Internal Area
94.7sqm (1,019sqft)

Rating - Rateable value: £5,500

Rates payable 2025/26: TBC

Prospective tenants are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.

Energy Performance - Energy Rating- TBC

Planning - Taking in to consideration the previous user, we believe the current planning use would fall under Class E

We would advise all interested parties to make their own enquiries and not solely rely on information we have provided

Vat - We understand VAT is not applicable.

Services - Mains Water, & Electric are available

Legal Costs - The ingoing tenant will be responsible for the landlord's reasonable legal costs for the preparation of the lease.

Application & Referencing - All applications will be subject to the relevant checks.

Viewings - Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar)

Agents Notes - CONSUMER PROTECTION LEGISLATION - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.