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For Sale: Mixed Use Investment

£3,750,000

Business rates & charges may apply

Kal Sangra Shonki Brothers, Leicester - Commercial
SIZE

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SECTOR

Mixed use property for sale

Key features

  • FOR SALE: Commercial/ Residential Investment
  • A Brand New 5 Storey Mixed Use Property
  • GF: 2 Retail Units of 2,831sqft (263sqm) approx.
  • Upper Floors: 14 Self-Contained 1, 2 & 3 Bedroom Flats
  • Fully Occupied
  • Current Rental Income: £254,000
  • Located on The Golden Mile
  • Commercial/ Residential Investment

Description

A substantial 5 storey mixed use property located on Leicester's 'Golden Mile' on the corner of Belgrave Road and Cooper Street. The property consists of two spacious retail units on the ground floor and 14 1, 2 and 3 bedroom flats on the upper floors. It has only recently been completed with brand new fixtures and fittings throughout. The premises is fully occupied on long leases providing a straightforward and ready-to-go investment.arking at the rear.

Location

This property is located in a mixed commercial/residential area in Leicester's 'Golden Mile' on the corner of Belgrave Road and Cooper Street. This is claimed to be the highest concentration for Indian jewellery shops in the UK and is now a busy marketplace for cultural foods and fashion.

Description

A substantial 5 storey mixed use property which consists of two spacious retail units on the ground floor and 14 1, 2 and 3 bedroom flats on the upper floors. It has only recently been completed with brand new fixtures and fittings throughout. The premises is fully occupied on long leases providing a straightforward and ready-to-go investment.

Accommodation

Refer to brochure for accommodation table.

Current Rental Income

£254,000 PAX (per annum exclusive)

Tenure

Freehold, subject to the existing leases.

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

For Sale: Mixed Use Investment

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station1.3 miles
  • Syston Station3.5 miles
  • South Wigston Station4.7 miles

About Kal Sangra Shonki Brothers, Leicester - Commercial

Granby Street, Leicester, LE1 6FB

Notes

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Disclaimer - Property reference 12921242. 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 - 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.