LOCATION

The premises on 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

The subject property forms part of an attractive early Victorian parade and was previously occupied by Grounded Kitchen.

Extending over 3 floors (plus basement) this double fronted unit has a ramped entrance and ground floor welfare facilities, the first floor is divided into 4 offices and the second a further 2 offices.

Outside there is a small yard and out houses with gated access on to New Walk.

SIZE

Ground Floor    52.12 m² (561 sq ft)
Disabled WC      3.25 m²   (35 sq ft)
Welfare               9.20 m²   (99 sq ft)
First Floor         55.18 m² (594 sq ft)
Second Floor.   33.07 m² (356 sq ft)

RATES

Rateable Value £17,500
Rates Payable 2015/2016 £8,732.50
(based on a UBR of £0.499 p/£)

N.B. Tenants may qualify for small business relief of up to 50% and interested parties are advised to contact Leicester City Council on 0116 2527000.

TENANCY

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

We are advised that mains drainage, water 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 113

COSTS

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

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