Retail premises for sale in Francis Street, Leicester LE2
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Location
The property is located on Francis Street in the popular Stoneygate retailing area of Leicester. The property is close to the A6 London Road and has good transportation links. The premises are on the edge of the retailing area of Stoneygate with adjoining shops used for various uses.
Description
The property is a mid-terraced shop of brick construction under a tile roof with wooden shop front and windows. Internally the property consists of a shop on the ground floor with two self contained flats on the upper floors.
Accommodation
Ground Floor
Retail Space 92.18 m2 992 ft2
Ancillary Accommodation 40.99 m2 441 ft2
Kitchen 1.40 m2 16 ft2
W.C.
First Floor
Flat 1 - 2 Beds totalling 63.49 m2 683 ft2
Flat 2 - 1 Bed totalling 34.79 m2 374 ft2
Planning
The premises fall within Class E Retail and Class C3 Residential.
Services
All mains services are connected.
Energy performance certificate
Shop is currently being assessed.
Flat 1 - 54 Band E
Flat 2 - 60 Band D
Rates
The premises are assessed for business rates under the 2017 Rating List as follows:-
Description rateable value
7 Francis Street £15,250
7a Francis Street £ 6,400
Flat 1 Band A
Flat 2 Band A
Tenure
The premises are available freehold subject to a 25 year lease from 17 November 1997 originally to Northcliffe Retail Ltd but assigned to Mr D Tanna. The rental passing is currently £22,750 per annum. No Notices have been served to renew or terminate the lease.
Price
Offers in the region of £490,000.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Spencers Druce, LE2 on +44 116 448 9183 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Spencers Druce, and do not constitute property particulars. Please contact Spencers Druce for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
