Retail premises for sale in Granby Street, Leicester LE1

Location

The premises are located on Granby Street close to its junction with Halford Street in the City Centre of Leicester. The adjoining properties are used for retail and restaurant purposes.

Description

The property is a mid-terraced property of brick construction under a slate roof with a wooden shop front and metal windows to the upper floors. The ground floor is used as a Jeweller's Showroom and Offices.

From the rear is a self contained access to the upper floors that are both accessed off a stairwell. These could be converted into 2 self contained 1 bed flats subject to obtaining all relevant consents.

Accommodation

ground floor

Retail Space 36.32 m2 391 ft2
Offices 12.07 m2 130 ft2
WC.

Basement

Stores 50.72 m2 546 ft2

First floor

Offices, Kitchen, W.C. 35.76 m 2 385 ft2

Second floor

Offices, Kitchen, W.C. 34.80 m2 374.6 ft2

Rates

The premises are assessed for Business Rates under the 2015/2017 Rating List as follows:-

Description rateable value

Ground Floor Shop & Premises £11,500
Second Floor Offices £ 1,500

N.B. The first floor is currently assessed within 18 Granby Street as it was formerly occupied by the same party.

Energy performance certificate

An Energy Performance Certificate is being obtained.

Tenure

The ground floor is let to A & M Robinson trading as:- Robinsons Jewellers on a lease of 5 years from 2014 at a rental of £20,000 per annum. The tenants are currently holding over and have occupied the premises for in excess of 15 years.

Price

The freehold of the premises is available subject to the lease of the ground floor and basement at £400,000.