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Edward Building, 15-25 Rutland Street and 127-129 Charles Street, Leicester

Guide Price
£1,200,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Mixed use property for sale

Key features

  • Substantial Freehold Mixed Use City Centre Investment
  • Comprises four units together with 11 flats (3x one bed and 8x two bed)
  • Asset management potential with reletting of one vacant retail / office unit
  • Reversionary income in region of £158,640 pa once fully let (13.22% GRY)
  • Investment let at £143,640 pa + one vacant unit (11.97% on Guide Price)

Description

The building is constructed in brickwork under a flat roof with uPVC replacement windows throughout. The retail element all have significant profile onto either Rutland Street or Charles Street, and provide a range of different sized units, some with substantial basement storage / offices. The upper floors provide a mixture of good quality single and two bedroom apartments, together with bathroom and kitchen facilities.



Two interconnecting properties that stand prominently at the corner of Rutland Street and Charles Street, 200m from the Clock Tower. As such, the property lies within the heart of the city centre, with occupiers able to take full advantage of the retail and leisure facilities one would expect in such a prime city centre location. Specifically, Highcross Shopping Centre is only a 5 minutes walk away, as is Leicester Mainline Rail Station on London Road.

Brochures

Edward Building, 15-25 Rutland Street and 127-129 Charles Street, Leicester

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.2 miles
  • South Wigston Station3.5 miles
  • Syston Station4.6 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

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Disclaimer - Property reference 5C2EAAD3-B064-4762-AA95-2F9DCE0C3835. 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, Savills Auctions- Commercial. 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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