7 Market Street, Leicester, LE1 6DN
- PROPERTY TYPE
Retail Property (high street)
- SIZE
2,917 sq ft
271 sq m
Key features
- COMMERCIAL INVESTMENT
- GUIDE PRICE: £275,000 - £295,000 PLUS VAT
Description
Location:
The property is located in a conservation area in the city centre near to Town Hall Square and on the west side of the pedestrianised Market Street which benefits from high footfall. It is close to its junction with Millstone Lane and also within walking distance of De Montfort University, The University of Leicester and Leicester Royal Infirmary. Nearby occupiers include national chains such as McDonalds, Caf Nero and Max Spielmann and many independent operators.
Description:
A well presented 2 storey commercial property with a gross internal floor area of approximately 2,928 sqft (272 sqm) on a site area of
136 sqm. The property is currently let to an independent travel agents and has ground floor retail area with offices above, ancillary areas, air conditioning and rear loading.
Accommodation:
Ground Floor:
Retail area, kitchen, meeting room, WCs.
GIA: 1,464 sqft (136 sqm)
First Floor:
Open plan office, large office, meeting room, kitchen, WCs.
GIA: 1,464 sqft (136 sqm)
Total GIA: 2,928 sqft (272 sqm)
Note
VAT is payable on the purchase price.
Can be purchased as a TOGC.
Tenure
Freehold, subject to existing lease.
The Tenant has been in occupation since September 2010. The current FRI lease expires on 28.09.2027 and the passing rental is £30,000 pax
Energy Performance Certificate:
Rating 74, Band C (expired).
Outside:
Rear communal loading.
Solicitors
Lawson-West Solicitors, 4 Dominus Way, Meridian Business Park, Leicester LE19 1RP
Tel: ~ Ref: R Beswick
Brochures
Legal Documents7 Market Street, Leicester, LE1 6DN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station0.4 miles
- South Wigston Station3.5 miles
- Syston Station4.7 miles
Notes
Disclaimer - Property reference 345670. 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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