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COMMERCIAL

Fosse Road North, Leicester, LE3

Guide Price
£290,000
BM Estates, Leicester
PROPERTY TYPE

Commercial Property

BEDROOMS

2

BATHROOMS

1

SIZE

Ask agent

Floor Plan 1
1

Key features

  • Semi-Commercial Property
  • Ground floor takeaway shop
  • Three-bedroom self-contained flat
  • High-yield investment potential

Description

BM Estates are delighted to offer this fantastic opportunity to acquire a semi-commercial freehold property situated in a highly prominent position on the bustling Fosse Road North, Leicester. The premises provide a rare chance to purchase a versatile mixed-use investment, combining a well-established ground floor commercial unit with a self-contained three-bedroom apartment above.

The ground floor is currently operating as a fish and chip takeaway (business available through separate negotiation) and features a bright and welcoming shop front with serving counter, two well-equipped kitchen and preparation areas, and a rear storage space with WC facilities. From here, there is direct access to a paved rear garden and useful side access, making it ideal for deliveries and storage.

Accessed separately, the first floor offers a spacious two-bedroom flat which is currently let. The accommodation comprises a lounge, two further bedrooms, and a fitted bathroom. The apartment benefits from mains gas, electricity, water and drainage, and is fully heated throughout, providing comfortable and practical living space.

This freehold property generates a combined commercial and residential rental income with an approximate yield of 5.5%. It also benefits from separate access for both units, ensuring privacy and flexibility for occupiers. Situated in a popular location with excellent footfall and strong transport links, the property presents an excellent opportunity for investors and landlords.

Externally, the property includes a paved rear yard with side access, offering further potential for deliveries, bin storage or development, subject to planning permission. With scope for future value enhancement, this is a superb opportunity to secure a mixed-use investment in a thriving part of Leicester.

Fosse Road North, Leicester, LE3

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station1.3 miles
  • South Wigston Station4.0 miles
  • Syston Station4.8 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.

Notes

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Disclaimer - Property reference BMEST_003504. 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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