LOT 25

GUIDE PRICE: £1,550,000 - £1,600,000

The Bloomsbury, 35 Braunstone Gate, Leicester, LE3 5LH

Solicitor Details

Thomas Flavell & Sons Solicitors, Church Walk, Hinckley, Leicestershire LE10 1DN Tel: 01455 610 747 ~ Ref. R Ley

*Guide Price & Reserves

COMMERCIAL / 9 RESIDENTIAL FLATS / INVESTMENT

Property Description

A large extended mix use property with ground floor retail unit of 642 sqft and 9 flats above and to the rear totalling 5,192 sqft on a site area of 0.091 acres. The property is fully occupied. Site Dimensions: Site Width: 13.54m Site Depth: 25.20m

Location:

The property is located near to the Bede Street junction and within walking distance of De Montfort University and Narborough Road.

Accommodation:

Ground Floor: Retail unit with kitchen, WC, 2 x studio flats, 4 bed flat. Commercial NIA: 642 sqft (60 sqm) Residential GIA: 1,244 sqft (116 sqm)
First Floor: 5 bed flat, 4 bed flat, 2 x studio flats. GIA: 2,353 sqft (219 sqm)
Second Floor: 5 bed flat, 2 bed flat. GIA: 1,595 sqft (148 sqm)

Tenure

  • Freehold, subject to existing tenancies and lease
  • Refer to the legal pack for all tenancy agreements and the lease
  • Currently fully occupied, producing a gross rent of £168,499.96 pa

Energy Performance Certificate:

Refer to legal pack.

Extra Details

Areas by Use: Commercial NIA: 642 sqft (60 sqm) approx. Residential GIA: 5,192 sqft (484 sqm) approx.

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.

LE3 5LH

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The Bloomsbury, 35 Braunstone Gate, Leicester, LE3 5LH