184-186 Gipsy Lane, Leicester, LE4 6RG
- PROPERTY TYPE
Commercial Property
- BATHROOMS
1
- SIZE
1,765 sq ft
164 sq m
Key features
- COMMERCIAL INVESTMENT
- GUIDE PRICE: £290,000 - £300,000
Description
Location:
The property is located within a parade of shops at the junction of Catherine Street / Barkby Road and opposite BAPS Shri Swaminarayan Mandir.
Description:
A double fronted two storey commercial property of approximately 1,765 sqft with ground floor established restaurant having commercial kitchen and seating for approximately 40 covers. The property benefits from on street front loading, rear loading with 2 car parking spaces and air conditioning.
Accommodation:
Ground Floor
Restuarant, kitchen, disabled WC.
GIA: 952 sqft (88.5 sqm)
First Floor:
Storage, staff WC.
GIA: 813 sqft (75.6 sqm)
Total GIA: 1,765 (164 sqm) approx.
Tenure
Freehold, subject to existing lease.
Let on a 10 year FRI lease with 3 year rent reviews from 11.02.2022 at a current passing rent of £25,000 pax increasing from 10.02.2026 to £27,500 pax.
Tenant break option in 11.02.2027.
Energy Performance Certificate:
Rating 86, Band D.
Outside:
2 car parking spaces to the rear.
Solicitors
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB
Tel: ~ Ref; J Speed
Brochures
Legal Documents184-186 Gipsy Lane, Leicester, LE4 6RG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station1.8 miles
- Syston Station2.9 miles
- South Wigston Station5.2 miles
Notes
Disclaimer - Property reference 306920. 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 Kal Sangra Shonki Brothers, Leicester - 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 Kal Sangra Shonki Brothers, Leicester - Auctions on 0116 216 5653.
*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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