Investment For Sale, Leicester
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£2,000,000 Freehold
15-25 Rutland Street And 127-129 Charles Street, Leicester, LE1 1RB
Type
Investment
Status
Under Offer
Size
5,303 sq ft
Key Features
- Leicester City Centre location
- 11 one and two bed apartments, together with 3 units
- Current income £132,000 pa, which would rise to £157,200 pa when the retail unit and Flat 3 are let
- Purchase price: in the region of £2m to show a purchaser a gross yield of 7.86%, when fully let
Property Details
An Imposing Three And Four-storey Property, Providing Four Retail Outlets On The Ground Floor, Together With Upper Floor Residential Accommodation. The Building Is Constructed In Brickwork Under A Flat Roof With Upvc Replacement Windows Throughout.
The Retail Element All Have Significant Profile Onto Either Rutland Street Or Charles Street, And Provide A Range Of Different Sized Units, Some With Substantial Basement Storage / Offices.
The Upper Floors Provide A Mixture Of Good Quality Single And Two Bedroom Apartments, Together With Bathroom And Kitchen Facilities. The Extent Of The Accommodation Is Outlined Below.
The Retail Element All Have Significant Profile Onto Either Rutland Street Or Charles Street, And Provide A Range Of Different Sized Units, Some With Substantial Basement Storage / Offices.
The Upper Floors Provide A Mixture Of Good Quality Single And Two Bedroom Apartments, Together With Bathroom And Kitchen Facilities. The Extent Of The Accommodation Is Outlined Below.
Location
Innes England
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Innes England