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To Let

14 Cheapside
Leicester
LE1 5EA

  • Prominent Position
  • Established A1 Retail Use
  • Open Sales Area
  • Basement Storage
  • Large Cold Room
  • Office Space and Canteen
  • Total GIA 2,150 sq ft Approx
  • Rent: £25,000 pax

Summary

DRAFT DETAILS AWAITING CLIENTS APPROVAL.
 
Kal Sangra Shonki Brothers Ltd are pleased to present this ground floor retail unit of approximately 2,150 sqft (199.7 sqm) approx. with a basement of approximately 1,538 sqt. The property comprises an open plan sales area with office space, staff and toilet facilities, a store room, a large cold room and a substantial basement. The premises benefits from electric roller shutter doors, three phase electric, a fire alarm system and a hot water heater system.
 
The property is situated in a prime location in Leicester City Centre occupying a trading position on the eastern side of the pedestrianised Cheapside between the entrance to Highcross and Leicester Market. Nearby retailers include Subway, Co-operative Bank and Greggs.
 
Planning:
We understand the property has A1 use with potential for other uses subject to planning permission.
 
All enquiries regarding planning should be made to Leicester City Council Planning department (0116) 454 1000.
 
Rating Assessment:
Description: Restaurant and premises
Authority: Leicester City Council
Rateable Value: £71,500.00
Rates Payable: £36,036.00 approx.
Year: 2019/20
 
Rent:
£25,000 pax. Payable quarterly in advance.
We understand that VAT is not applicable.
Landlord to insure and tenant to reimburse.

Lease Terms:
We understand that the unit is available by way of a new lease on effective full repairing and insuring basis for a period to be agreed. A rent deposit equivalent to a quarters rent to be payable and held for the duration of the lease.

Legal Cost:
Tenant responsible for the landlords reasonable legal cost.

Services:
The services, fittings and appliances (if any) have not been tested by the agents.
 
 

Accommodation

Ground floor: 2,150 sq ft (199.7 sqm)
Basement: 1,538 sq ft (142.8 sqm)
Total GIA: 3,688 sq ft (342.6 sqm)

Energy Performance Certificate

Rating 109, Band E.

Viewing

Strictly by appointment through the letting agents.

Disclaimer

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.