
For Sale
Belgrave Road, Belgrave
LE4 6AS
Asking Price £695,000
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Property Key Details
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
Property Key Details
CRI: £39,000 PAX
ERV: £48,000 PAX
High Footfall & Excellent Passing Trade
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Property Description
List of Services
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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.Location
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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.Description
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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)Accommodation
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Current Rental Income £39,000 per annum exclusive.Current Rental Income
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Estimated Rental Value £48,000 per annum exclusive.Estimated Rental Value
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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.Tenure
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EPC 139 – Band D (Rating 88) 139A – Band D (Rating 66)EPC
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Services The services, fittings and appliances (if any) have not been tested by the agents.Services
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Local Authority Leicester City Council.Local Authority
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Viewings Kal Sangra, Shonki Brothers Ltd 85 Granby Street, Leicester, LE1 6FB Tel: 0116 254 3373 Email: info@shonkibrothers.comViewings
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Important Information: - Shonki Brothers their clients and any joint agents give notice that:
These particulars are prepared as a general guide for the property and whilst they are believed to be correct their accuracy is not guaranteed. As such all photographs, measurements, floorplans and distances referred to are only provided as a guide and should not be relied upon for the purchase of flooring or any other fixtures or fittings.
Any and all fixtures and fittings listed in these particulars are deemed removable by the vendor. We have not tested any apparatus, equipment, fixtures or services and it is in the buyer’s interest to check the working condition of any applications.
Neither Shonki Brothers Ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.
These particulars do not constitute part or all of an offer or contract.
Whilst we take care in preparing these particulars, it is the buyers responsibility to ensure they have carried out all their investigations of the various aspects of the property and that his/her legal representative confirms as soon as possible all matters relating to title, including the extent and boundaries of the property and other important matters, before exchange of contracts.
Any ground rent, service charges and any other lease details (where applicable) and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
The premises detailed in these particulars are offered subject to them not having been let, sold or withdrawn and Shonki Brothers Ltd will accept no liability for consequential loss arising from these particulars or any negotiations in relation thereto.
You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting the property.
In accordance with the Money Laundering Regulations 2017, the intending purchaser will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there is no delay in agreeing the sale.








