Block of flats for sale in St. Stephens Road, Leicester LE2

Offers in region of £375,000
Interested in this property? Call +44 116 448 1787 * or Request Details

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Block of flats for sale

1

Tenure:
Freehold
Council tax band:
Exempt - Not Known

Property features

  • On street/residents parking
  • Central heating

Property description

Rio Brother's are pleased to present this freehold cafe /restaurant for sale, located in the highly sought after location of Highfeilds on the busy St Stephens Road, Leicester.

This property consists of a tenanted, running business on the ground floor, a rented 1-bedroom apartment on the first floor and a vacant studio apartment on the second floor.

The ground floor business is a café with the current rent received at £775pcm. The lease is for 6 years with a 2-year rent review which is due January 2024.

The first floor consists of a 1-bedroom apartment with a separate kitchen and living room. This is currently tenanted for £800pcm.

The second floor is a studio apartment with a separate kitchen, which is currently vacant, with a usual rental income of £600pcm.

Viewing is must to appreciate the property.

*All images used are intended to convey the concept and vision for the property. They are for guidance only, and specification may vary in size and layout. Please contact us for further information.
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For more information about this property, please contact
Rio Brothers Properties, LE2 on +44 116 448 1787 * (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 Rio Brothers Properties, and do not constitute property particulars. Please contact Rio Brothers Properties 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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