Leicester Leicestershire LE1 6BU

For Lease £12,500 P.A.

Property Details

Leicester Leicestershire LE1 6BU

For Lease £12,500 P.A.

Retail unit in Leicester City Centre with A3 use

- Leicestershire

1178 Sq Ft – Ground floor and basement café/bar – restaurant
Leicester City Centre location
New Lease available, terms to be agreed
Vacant possession – available immediately
Suitable for alternative uses (STPP)

The property is located on Pocklingtons Walk, close the famous Leicester market, in the City Centre of Leicester. The property is a 5 minute walk to the Highcross Shopping Centre and surrounded by office and retail outlets. Leicester is well situated in the East Midlands with easy access to the M1 and M69 Motorways providing good access into other Midlands towns and Cities. Nottingham to the North is accessed via the M1 or the A46 and Coventry to the South West via the M69 are both circa 30 miles and Birmingham via the M6 and M69 is approximately 43 miles. Other local market Towns within 20 miles of Leicester City include Melton Mowbray, Oakham, Loughborough and Market Harborough.

The property comprises 22-24 connected via an internal archway, formerly used as a restaurant but alternative uses would be suitable (STPP). With both sides offering large glazed frontage, open plan area to the ground floor and well appointed basement space. The space would make an ideal coffee shop/sandwich bar or small tap bar or restaurant.

The accommodation comprises:-
Ground floor:- 662 sq ft – including the former kitchen area
Basement area:- 516 sq ft – with ancilliary storage
2 x w/c’s are located on the ground floor to the rear

Located in the City Centre of Leicester, within close proximity to all shopping and City attractions, adjacent to the law courts.

We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

Offered for let on a new 5 year lease term – longer if required. The lease will be fully repairing and insuring, with an initial pasing rent of £12,500 + VAT. The tenant will be responsible for all rates and utilities.

According to the Valuation office agency the current rateable value is £7700 per annum, this falls below the rate releif threshold, subject to status and terms and conditions, interested parties should benefit from zero rates payable.

We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.

Both Parties will be responsible for their own legal costs.

No Parking is available with the property, parking on the street outside is available pay and display, there is an NCP multi storey car park a 2 minute walk away for longer stay or permit parking.

Planning current allows for A3 cafe/restaurant – interested partied should make their own enquiries regarding any use class changes.

Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands