Former Walkabout, 17 Belvoir Street, Leicester, LE1 6SL

Offer in excess of

£750,000

Size

17,552

Tenure

Freehold

EPC

Parking

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Primary use
Pub

Key features

  • Freehold pub with vacant possession
  • New free of tie lease
  • Prominent Leicester town centre location
  • Potential for substantial turnover
  • Property arranged over four levels extending to c17,552 Sq Ft (1,630 Sq M)
  • Mid-terrace property with access from Belvoir Street
  • Pavement licence to the front elevation
  • Vacant first and second floor providing the potential for alternative uses subject to the necessary consents
  • Property benefits from a 3am premises licence all week
  • Guide Price: Offers in excess of £750,000 + VAT

Description

Description
The Former Walkabout comprises the basement, ground, first and second floors of a substantial end of terrace building with painted rendered and brick elevations beneath both pitched and flat roofs.

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 Former Walkabout is situated on Belvoir Street within central Leicester, forming part of a busy and established leisure circuit. Nearby notable operators include The Knight & Garter (Everards), O’Neill’s (Mitchell & Butlers) and Hogarths (Amber Taverns). Leicester Train Station lies approximately 0.5 miles to the south‑east, providing East Midlands Railway services to London St Pancras in around 1 hour and 11 minutes.

Accommodation
Ground Floor
The ground floor provides an open plan trading area with the main bar to the side and seating on loose tables, chairs and benches for 160 customers. Ancillary areas comprises customer WC’s, trade kitchen and a number of stores.

Basement
There are two basements at the property which provide the cellar and stores.

First Floor
The first floor is split in to two areas and comprises the staff room, staff WC’s, office and managers flat which provides one bedroom, bathroom and kitchen/living room. There is a former factory to the rear which is currently vacant.

Second Floor
The second floor comprises the former factory that is currently vacant.

External
Externally, there is a seating area to the front of the property for 12 customers, which is held by way of a pavement licence.

Tenure
The property is held freehold (Title Numbers LT323772 & LT26154).

Premises Licence
The property benefits from a premises licence permitting the sale of alcohol on the following times:

Monday to Saturday: 9:00am to 3:00am
Sunday: 11am to 3:00am

Planning
The property is neither listed nor situated within a Conservation Area.

EPC
B-39

Rateable Value
£104,500

Terms
Offers are invited in excess of £750,000 plus VAT for the benefit of our client’s freehold interest. Alternatively, rental offers are invited in excess of £85,000 per annum for a new free of tie lease on terms of be negotiated.

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

Fixtures & Fittings
The fixtures and fittings can be included by way of separate negotiation.

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

Viewings
All viewings must be arranged strictly by appointment with the sole agent Savills and under no circumstances should any direct approach be made to any of the pub staff.
Additional information
Service charge
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Business rates
£57,998
Use class
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Listed building
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Energy performance certificate: B

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

Former Walkabout, 17 Belvoir Street, Leicester, LE1 6SL

NEAREST STATIONS

National Rail

Leicester Station

0.3 miles

National Rail

South Wigston Station

3.51 miles

National Rail

Syston Station

4.68 miles

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Disclaimer - Property reference 398513-1. 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.