£1,750.00

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 are ground and first floor retail sales areas, 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: £14,868

Based on a UBR of £0.504 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.