The premises are situated in the Leicester Lanes shopping area on the main thoroughfare from Market Street through St Martin’s shopping centre/Loseby Lane to the Highcross shopping centre, the main retail area in Leicester.
The property is in a conservation area and the nearby improvements to Cathedral Square and Richard III Centre have enhanced the retail offer in this area, with further upgrading around the marketplace likely to create a vibrant retail and leisure environment.
Forming part of a much larger landmark building the suite comprises 2 offices being largely regular in shape and benefit from copious natural light from the full height windows over-looking Hotel Street.
The two rooms are of equal size and the Landlord would consider letting them individually.
Suite 1 43.01 m2 463 sq ft
Suite 2 43.01 m2 463 sq ft
Total 86.02 m2 926 sq ft
Rateable Value: £6,800.00
Rates Payable: £3,393.20
(based on a UBR of £0.499 p/£)
We understand that the premises have an existing use for B1 under the Town & Country Planning (Use Classes) Order 1987 but interested parties should confirm this with Leicester City Council.
We are advised that mains drainage and electricity are provided to the premises.
In addition to the rent there will be a service charge to cover shared facilities.
The premises are available on a new lease on terms to be agreed subject to 3 yearly rent reviews.
There will be an application fee of £175+VAT and Lease costs of £250+ VAT
The incoming tenant will be required to discharge the landlord’s reasonable legal costs incurred in documenting the lease.
EPC RATING – TBC