£25,000.00
LOCATION
Market Street is arguably the most attractive shopping street in Leicester with an array of interesting properties, it is also the pedestrian link between the professional quarter on New Walk and the Highcross Shopping Centre.
Nearby retail operators include White Stuff, Fat Face and Pragnell Jewellers.
DESCRIPTION
The property comprises a 4-storey building with a recessed shop front. There is ground and first floor retail sales area, together with storage at second and third floor level and basement storage (including a strong room).
ACCOMODATION
Internal Width 4.60 m 15’4”
Shop Depth 17.28 m 56’9”
Ground Floor 73.40 m² 790 sq ft
First Floor 59.90 m² 645 sq ft
Second Floor 49.70 m² 535 sq ft
Third Floor Stores 32.30 m² 348 sq ft
Basement 41.60 m² 448 sq ft
RATES
Rateable Value: £29,500
Rates Payable: £14,720
Based on a UBR of £0.499 p/£.
Please note that some discounts may be available and interested parties should contact Leicester City Council.
SERVICES
All mains services are connected to the premises, together with a gas boiler serving radiators throughout.
PLANNING
The property has an established use for A1 retail.
LEASE
The property is available on a new effective full repairing and insuring Lease for a minimum term of 3 years with 3 yearly reviews.
VAT
We are advised that the Landlord has not opted to tax and therefore VAT will not be payable.
EPC RATING
C-72
LEGAL COSTS
The incoming Tenant will be required to discharge the Landlord’s reasonable legal costs incurred in documenting the Lease.There will be an application fee of £175+VAT.