£275,000

Retail premises for sale

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Just added
Freehold

£275,000

(£175.27/sq. ft)

Retail premises for sale

Guildhall Lane, Leicester LE1

1,569 sq. ft

Local area information

Property location

Nearby amenities

  • Leicester 0.5 miles
  • King Richard III Infant and Nursery School 0.6 miles
  • The Children's Hospital School (SEN) 0.6 miles
  • South Wigston 3.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Leicester to find out more about the local area.

Features and description

  • Freehold
  • Rare Freehold Opportunity
  • Close to Highcross Shopping Centre
  • Shop with Living Accommodation
Readings Property Group are pleased to bring to market the rare opportunity to purchase a retail premises with living accommodation within 'The Lanes' district of Leicester City Centre. The premises had been occupied by a well established cafe for over 20 years. The area accommodates independent retailers and food outlets and is very close to the Highcross Shopping Centre entrance on High Street.

Description & Location

The opportunity is to purchase the subject property which previously accommodated a cafe on the ground and first floor and living accommodation on the 2nd & 3rd Floors. It is located adjacent to 'The Guild Rooms' and benefits from outside seating to the front and a shared yard to the rear. Internally the ground floor unit was previously laid out to accommodate a serving counter, and customer seating.

Terms

Offers in the region of £275,000

Accommodation

Retail
Ground & First Floor Retail Approx 55.3 sqm (596 sqft).

Basement Approx 24.1 sqm (260 sqft)

Residential
2nd & 3rd Floor Residential Approx. 66.3 sqm (713 sqft)

Rating

Rateable value: £5,300

Rates payable 2025/26: Tbc

Prospective tenants are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.

Energy Performance (Epc)

EPC Rating B

Planning

Taking in to consideration the previous user, we believe the current planning use would fall under Class E

We would advise all interested parties to make their own enquiries and not solely rely on information we have provided

Vat

We understand VAT is not applicable.

Services

Mains Water, & Electric are available

Legal Costs

The ingoing tenant will be responsible for the landlord's reasonable legal costs for the preparation of the lease but each party to pay their own legal costs if the property is sold.

Application & Referencing

All applications will be subject to the relevant checks.

Viewings

Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar).

Agent Notes

Consumer protection legislation - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and isva code of measuring practice.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Readings Property Group Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Readings Property Group Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Leicestershire
  4. Leicester
  5. Leicester City Centre
  6. Guildhall Lane