Solicitor Details

*Guide Price & Reserves

COMMERCIAL INVESTMENT

Property Description

Location:

• The property is located in a conservation area in the city centre near to Town Hall Square and on the west side of the pedestrianised Market Street which benefits from high footfall
• It is close to its junction with Millstone Lane and also within walking distance of De Montfort University, The University of Leicester and Leicester Royal Infirmary
• Nearby occupiers include national chains such as McDonalds, Café Nero and Max Spielmann and many independent operators

Accommodation:

Note:

• VAT is payable on the purchase price
• Can be purchased as a TOGC

Tenure

• Freehold, subject to existing lease
• The Tenant has been in occupation since September 2010
• The current FRI lease expires on 28.09.2027 and the passing rental is £30,000 pax

Energy Performance Certificate:

Rating 74, Band C (expired).

Extra Details

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.