Retail premises for sale in Leicester Road, Wigston LE18

£650,000 (£203.12/sq. ft)
Retail premises for sale 297 sq. m*
Interested in this property? Call +44 24 7511 8771 * or Request Details

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Property features

  • Great Location
  • Variety of use STPP
  • Available now
  • Vacant possession
  • Potential rental income of £52,800 p.a

Property description

*available now*

Former bank premises available in Leicester, LE18 1DR. Ground and first floor prominent central location with rear access and parking spaces to the rear.

The spacious retail premise is situated in a prominent location surrounded by local businesses. Leicester Road forms the retail shopping area in Wigston with a range of national, regional and independent retailers.

Wigston is 3½ miles south of Leicester city centre and well connected to Leicester via the A5199 and the outer/inner ring roads. Wigston town centre is well served by public car parks and has a variety of public transport links.

The population is generally affluent and the area also serves as a shopping centre for the rural villages to the south.

Attached are draft architect drawings highlighting (subject to planning permission), the unit being split into two commercial units and three residential flats.

Potential rental income after conversion:

One bedroom flat = £650 per month x 3 = £1900 / £22,800 per annum

Commercial unit = £1250 per month x 2 = £2500 / £30,000 per annum

Projected income per month = £4400

Projected annual income = £52,800

Energy rating (EPC): D

Please contact Paulina to arrange a viewing.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Tutis Estates, CV6 on +44 24 7511 8771 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tutis Estates, and do not constitute property particulars. Please contact Tutis Estates 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.

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