Investment For Sale, Leicester
4 photos
£375,000 Freehold
1-3 Braunstone Gate, Leicester, LE3 5LH
Type
Investment
Status
Under Offer
Size
3,064 sq ft
Key Features
- Passing rent: £30,000 per annum
- Popular inner city trading area
- Prominent return frontage
- Unexpired term of circa 5 years.
Property Details
The property occupies a prominent corner position at the junctions of Braunstone Gate and New Park Street , within a popular inner city trading location lying circa 1 mile South West of Leicester City Centre, known as the West End.
The area is characterised with a mixture of residential and commercial uses, with a variety of localised businesses in the vicinity. The property is positioned adjacent to a Tesco Superstore and Queen Elizabeth II Leisure Centre.
Positioned less than 0.5 miles from De Montfort University and 1.5 miles from Leicester University, the West End is densely populated with students, with c. 35,000 within the City across the two Universities.
The Premises Comprise A Number Of Two Storey Semi Detached Buildings Which Have Been Amalgamated And Extended At The Rear To Provide A Bar / Party Venue. The Original Frontage Buildings Are Of Solid Red Brick Construction Beneath A Series Of Pitched Slate Roofs, Whilst The Rear Extension Is Predominantly Of Brick Construction With A Flat Roof Over.
Internally, The Ground Floor Has Been Configured In The Main To Provide Open Plan Bar Accommodation, Which Benefits From A Good Degree Of Natural Lighting, Provided By The Extensive Glazing Within The Return Frontage.
A Spiral Staircase Provides Access To The First Floor Where Is A Further Bar Area Together With Ancillary Offices Wc Facilities And Stores. The Loft Area Has Been Converted In Part To Provide Staff Living Accommodation.
The area is characterised with a mixture of residential and commercial uses, with a variety of localised businesses in the vicinity. The property is positioned adjacent to a Tesco Superstore and Queen Elizabeth II Leisure Centre.
Positioned less than 0.5 miles from De Montfort University and 1.5 miles from Leicester University, the West End is densely populated with students, with c. 35,000 within the City across the two Universities.
The Premises Comprise A Number Of Two Storey Semi Detached Buildings Which Have Been Amalgamated And Extended At The Rear To Provide A Bar / Party Venue. The Original Frontage Buildings Are Of Solid Red Brick Construction Beneath A Series Of Pitched Slate Roofs, Whilst The Rear Extension Is Predominantly Of Brick Construction With A Flat Roof Over.
Internally, The Ground Floor Has Been Configured In The Main To Provide Open Plan Bar Accommodation, Which Benefits From A Good Degree Of Natural Lighting, Provided By The Extensive Glazing Within The Return Frontage.
A Spiral Staircase Provides Access To The First Floor Where Is A Further Bar Area Together With Ancillary Offices Wc Facilities And Stores. The Loft Area Has Been Converted In Part To Provide Staff Living Accommodation.
Location
Andrew & Ashwell Ltd
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