Friary, 12 Hotel Street, Leicester, LE1 5AW

Offer in excess of

£650,000

Size

7,176

Tenure

Freehold

EPC

Parking

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Primary use
Commercial development
Other use(s)
Other leisure, Pub

Key features

  • Substantial freehold public house in central Leicester
  • Available with vacant possession
  • Short distance from Leicester Train Station
  • Property arranged over five levels and extends to 7,176 Sq Ft (667 Sq M) across ground and basement floors (upper floors to be measured shortly)
  • Site extending to 0.097 acres
  • Former office space located at first, second and third floors
  • Property benefits from a late licence until 1:30am on Friday and Saturday
  • Offers are invited in excess of £650,000 + VAT

Description

Description
The property comprises the basement, ground, first, second and third floors of a four storey corner building with exposed stone elevations beneath a pitched tile roof.

Location
Located in the city of Leicester, 11.5 miles (18.5 kilometres) south of Loughborough and 38.6 miles (62.1 kilometres) east of Birmingham.

The Friary is situated at the junction of Hotel Street and Market Place Street within central Leicester alongside other notable operators include The Knight & Garter (Everards), O’Neill’s (Mitchell & Butlers) and Hogarths (Amber Taverns). Leicester Train Station is situated 0.5 miles to the south-east and provides East Midlands Railway services to London St Pancras in 1 hour and 11 minutes.

Accommodation
Basement: The basement provides cellar, stores as well as a commercial kitchen, ladies WC’s, staff room and boiler room.

Ground Floor: The ground floor provides an open plan trading area with the bar servery located to the rear and seating on loose tables, chairs, booths and benches for 144 customers. Ancillary areas include a glass wash, and male WC’s located to the rear.

Upper Floors: The first, second and third floors comprise former office space which is currently vacant with separate access via an internal staircase. Ancillary areas include customer WC’s located on each floor as well as a small kitchenette.

Tenure
The property is held freehold (Title Number LT299115).

Premises Licence
The property has the benefit of a Premises Licence which permits the sale of alcohol at the following times:
Sunday to Thursday: 8am - 12:30am
Friday to Saturday: 8am - 1:30am

Planning
The property is not listed but is situated within the Market Place Conservation Area.

EPC
C - 70.

Rateable Value
£60,000.

Terms
Offers are invited in the excess of £650,000 for the benefit of our clients freehold interest with vacant possession.

VAT
The property is elected for VAT which will be chargeable in addition to the purchase price.

Fixtures and Fittings
The fixtures and fittings may be available by way of a separate negotiation.

Money Laundering
Prospective purchasers will need to provide proof of identity and residence as part of Savills mandatory anti money laundering checks.

Viewings
All viewings must be arranged through the sole agents Savills. Please note the pub is currently open for trade however, under no circumstances should any direct approach be made to any of the staff.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Friary, 12 Hotel Street, Leicester, LE1 5AW

NEAREST STATIONS

National Rail

Leicester Station

0.47 miles

National Rail

South Wigston Station

3.59 miles

National Rail

Syston Station

4.68 miles

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Disclaimer - Property reference 379642-1. 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 Savills National , Margaret Street - Licensed Leisure . 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.