£22,000.00

LOCATION

The premises are located close to junction of the Belvoir Street, Wellington Street and King Street, a largely pedestrianised thoroughfare to Leicester’s busy City Centre. Ideally situated at the heart of the business district, surrounded by multiple student accommodation and local businesses.

DESCRIPTION

A ground floor retail unit previously let as a bakery sandwich shop. The ground floor retail area opens onto King Street and there is storage and food preparation areas to the rear and a WC.

There is the potential for pavement seating subject to the Council granting a licence.

Commercial Premises Classes A1 & A2 of the Town and Country Planning (Use Classers) Order 1987 as amended.
ACCOMMODATION

Measurements gross internal:

Ground 82.80 m² 891.25 sq ft

Retail Area 56.30 m² 606.00 sq ft
Kitchen Area 18.60 m² 200.21 sq ft
Storage Area 7.90 m² 85.04 sq ft

TENANCY

The property is available on a new lease of not less than 3 years with 3 yearly reviews.

RATING

Rateable Value: £17,000.00
Rates Payable: £ 8,483.00
(based on a UBR of £0.499 p/£)

GOODWILL

The fixtures and fittings belong to the previous tenant and are available by separate negotiation.

SERVICES

We are advised that mains drainage, water, gas, and single-phase electricity supply are connected to the property.

VAT

We are advised that the Landlord has not opted to tax and therefore VAT will not be payable.

EPC RATING

E-106

COSTS

Each party shall bear their own legal costs incurred in documenting the Lease.

There will be an application fee of £175+VAT.