£7,500.00

LOCATION

The premises are located at the junction of the New Walk 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 four-storey retail unit previously let as a sandwich shop. The basement is set out for storage and food preparation with a kitchen area. The ground floor retail area opens onto King Street and the second and third storey (with WC) are currently used for additional storage.

ACCOMMODATION

Measurements gross internal:

Ground 37.6 m² 404.72 sq ft

Internal width 3.67 m 12’.05”
Internal Depth 4.46 m 14’.66”

TENANCY

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

RATING

Rateable Value: £3,250.00
Rates Payable: £1,627.75
(based on a UBR of £0.499 p/£)

Please note that the premises qualify for small business relief and no rates will be payable by qualifying tenants.

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

TBC
COSTS

There will be an application fee of £175+VAT and Lease costs of £250+ VAT

VIEWING

By prior appointment with Jarroms:

Greg Crawford
0116 2221999
greg@jarroms.co.uk

Jarroms Ltd.
15 Upper King St
Leicester
LE1 6XF