Investment for sale Leicester LE3 5LH,3064sq ft

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Investment

Investment For Sale Leicester

PROPERTY ID: 143084

PROPERTY TYPE

Investment

STATUS

Under Offer

SIZE

3,064 sq.ft

Key Features

Passing rent: £30,000 per annum

Popular inner city trading area

Prominent return frontage

Unexpired term of circa 5 years.

Property Details

The property occupies a prominent corner position at the junctions of Braunstone Gate and New Park Street , within a popular inner city trading location lying circa 1 mile South West of Leicester City Centre, known as the West End.

The area is characterised with a mixture of residential and commercial uses, with a variety of localised businesses in the vicinity. The property is positioned adjacent to a Tesco Superstore and Queen Elizabeth II Leisure Centre.

Positioned less than 0.5 miles from De Montfort University and 1.5 miles from Leicester University, the West End is densely populated with students, with c. 35,000 within the City across the two Universities.

The Premises Comprise A Number Of Two Storey Semi Detached Buildings Which Have Been Amalgamated And Extended At The Rear To Provide A Bar / Party Venue. The Original Frontage Buildings Are Of Solid Red Brick Construction Beneath A Series Of Pitched Slate Roofs, Whilst The Rear Extension Is Predominantly Of Brick Construction With A Flat Roof Over.

Internally, The Ground Floor Has Been Configured In The Main To Provide Open Plan Bar Accommodation, Which Benefits From A Good Degree Of Natural Lighting, Provided By The Extensive Glazing Within The Return Frontage.

A Spiral Staircase Provides Access To The First Floor Where Is A Further Bar Area Together With Ancillary Offices Wc Facilities And Stores. The Loft Area Has Been Converted In Part To Provide Staff Living Accommodation.

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About the Agent

Andrew & Ashwell Ltd

See Agent's Other Properties

Investment Unit

£375,000 Freehold

1-3 Braunstone Gate, Leicester, LE3 5LH

Investment - Under Offer
3,064 sq ft
285 sqm

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