Belgrave Road, Belgrave
- PROPERTY TYPE
Commercial Property
- SIZE
3,233 sq ft
300 sq m
Key features
- FOR SALE - Mixed Use Investment
- A Part 2 & Part 3 Storey Property of Approx. 3,233 SQFT (300 SQM)
- Located Within Leicester's Golden Mile
- G/F: 70 Seat Restaurant & Function Hall With Seating For 40 Guests
- F/F & S/F: 3 Bedroom Flat
- CRI: £39,000 PAX
- ERV: £48,000 PAX
- High Footfall & Excellent Passing Trade
Description
Location
This property is situated on Belgrave Road, and occupies a prominent position within the popular Golden Mile. The area benefits from high footfall with a range of independent retailers, restaurants, jewellers and clothes shops nearby. Belgrave Road provides convenient access to Leicester City Centre with regular bus services to and from areas of Leicester, and Leicester Railway Station being approximately 1.1 miles away.
Description
A part two-storey and part three-storey mixed-use property situated along Leicester's popular Golden Mile, of approximately 3,233 sq ft (300 sq m).
The ground floor is of approximately 2,446 sqft (227 sqm) and comprises a 70-seat restaurant area with a bar, commercial kitchen, WC facilities, a two-storey function hall with seating for 40 guests, and a cellar. The first and second floors comprise; an occupied three-bedroom flat.
The property is fully let, producing an annual rental income of £39,000 per annum exclusive (PAX), offering an attractive investment opportunity.
Accommodation
All measurements are approximate:
139 Belgrave Road:
Cellar: 248 sqft (23 sqm)
Restaurant: 794 sqft (73.8 sqm)
Kitchen: 351 sqft (32.7 sqm)
WC: 151 sqft (14.1 sqm)
Function room (2 Storey): 902 sqft (83.7 sqm)
Total GIA: 2,446 SQFT (227 SQM)
139A:
First Floor
Lounge: 15' 4'' x 12' 4'' (4.67m x 3.76m)
Kitchen: 13' 1'' x 6' 0'' (3.98m x 1.83m)
WC: 5' 9'' x 2' 6'' (1.75m x 0.76m)
Bedroom 1: 14' 4'' x 12' 1'' (4.37m x 3.68m)
Second Floor
Bedroom 2: 10' 2'' x 7' 4'' (3.10m x 2.23m)
Bedroom 3: 15' 10'' x 12' 1'' (4.82m x 3.68m)
Bathroom: 7' 9'' x 7' 5'' (2.36m x 2.26m)
Total GIA: 787 SQFT (73.2 SQM)
Total GIA: 3,233 SQFT (300 SQM)
Current Rental Income
£39,000 per annum exclusive.
Estimated Rental Value
£48,000 per annum exclusive.
Tenure
Freehold, subject to existing tenancies.
139 Belgrave Road has been let on a 15-year FRI lease from 14/02/2019 at £30,000 pax, with a rent review due in February 2027.
139A Belgrave Road has been let on a 12-month AST from 01/01/2026 at £750 pcm (£9,000 pa). The rent is due to be increased to £1,000 pcm (£12,000 pa) on 01/11/2026.
EPC
139 – Band D (Rating 88)
139A – Band D (Rating 66)
Services
The services, fittings and appliances (if any) have not been tested by the agents.
Local Authority
Leicester City Council.
Viewings
Kal Sangra, Shonki Brothers Ltd
85 Granby Street, Leicester, LE1 6FB
Tel:
Email:
Brochures
Property BrochureFull DetailsBelgrave Road, Belgrave
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station1.2 miles
- Syston Station3.5 miles
- South Wigston Station4.7 miles
About Kal Sangra Shonki Brothers, Leicester
85 Granby Street, Leicester, LE1 6FB
Notes
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