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Property details
Map & nearby

Commercial property for sale in Narborough Road, Leicester, Leicestershire

Sold STC

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Commercial property for sale 1

Property features

Shops and amenities nearby
Gas central heating
Partly-Furnished
Fitted Kitchen
Double glazing
Close to public transport
Lock Up Unit
Gas
Electric
Office
Toilet/WC
Receptionist

Property description

Platinum Homes are proud to bring to the market an enticing investment opportunity in the form of a ground-floor commercial unit with 2 bedroom residential flat above with high yield potential. The property is perfectly positioned on the popular Narborough Road in the midst of the lively and diverse trading and residential area.

Briefly, the retail unit comprises of large open office / retail spaces with a separate kitchenette and WC secluded towards the rear. The flat above covers both first and second floor and include 2 double bedrooms, a large reception area, fitted kitchen with dining space and a family bathroom.

Lease info:
- Currently, the unit is let on a 6 year lease
- £16,000 rent per annum with rent review in June 2023
- Expiry June 2027, with break clause June 2024
- Current market rates give potential to achieve rental circa £18,000pa for commercial unit and £800-£1000pcm for residential flat depending on condition.

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Platinum Home 786 Ltd, and do not constitute property particulars. Please contact Platinum Home 786 Ltd 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.