2 Eldon Street, Leicester, LE1 3QL

Solicitor Details

Murria Solicitors, Court Chambers, 180 Corporation Street, Birmingham B4 6UD Tel: (0121) 234 0903 ~ Ref: A Bhogal

*Guide Price & Reserves

PART COMMERCIAL INVESTMENT / RESIDENTIAL DEVELOPMENT

Property Description

A substantial four-storey corner office building of approximately 10,202 sqft, comprising a combination of open-plan and private offices, kitchens, two staircases, lift, WCs and air conditioning. There is potential for residential conversion of the upper floors, subject to planning. A pre-application for conversion of the upper floors to flats has been submitted and has received positive initial feedback.

Location:

This property is located in the city centre, on the corner of Wharf Street South and near to the junction of Humberstone Gate and Humberstone Road.

Accommodation:

Ground Floor: GIA: 2,514 sqft (233.6 sqm)
First Floor: GIA: 2,732 sqft (253.8 sqm)
Second Floor: GIA: 2,478 sqft (230.2 sqm)
Third Floor: GIA: 2,478 sqft (230.2 sqm)
Total GIA: 10,202 sqft (947.8 sqm) approx.

Planning

Potential for commercial and residential redevelopment, subject to planning permission
An indicative scheme has been drawn up for the redevelopment of the upper floors to provide 12 - 15 flats
Local Authority: Leicester City Council (0116) 454 1000

Note:

Freehold, subject to existing licence of the ground floor
Let on a 1-year licence from 06.06.2025 at a rental of £24,000 pax

Energy Performance Certificate:

Rating 86, Band D.

Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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LOT 21

GUIDE PRICE: £950,000 - £975,000