£400,000
Property for saleFriar Lane, Leicester, Leicestershire LE1
- Chain free
- Leasehold
Home Property Sales
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About this property
Prime corner-positioned commercial property on Friar Lane, located in Leicester's bustling city centre
Previously a thriving restaurant, highlighting the area's lively commercial atmosphere
High-visibility location with heavy foot traffic, perfect for bars, restaurants, or similar businesses
Flexible layout featuring an open-plan space, offices, W/C facilities, storage room, and kitchen
992 years remaining on the lease, offering long-term security; service charges available upon request
VAT elected, with final prices subject to VAT, providing a unique business investment opportunity
Wheelchair accessible
Discover a remarkable commercial opportunity in the heart of Leicester's vibrant city centre. This leasehold property on Friar Lane, previously a successful restaurant, is perfectly positioned to elevate your business aspirations. Located on a prominent corner, it offers high visibility and excellent foot traffic, ideal for businesses looking to thrive in a bustling area known for its popular bars and restaurants.
The property features a flexible layout with a welcoming entrance that opens into a spacious, open-plan area, ready to be tailored to your business needs. Two staircases lead to the lower level, which includes well-appointed offices, W/C facilities, a convenient storage room, and a functional kitchen. This design provides ample room for customer-facing operations as well as private administrative areas.
With an impressive 992 years remaining on the lease, this property ensures long-term security. Service charges, covering communal maintenance, are available on request, and VAT will apply to the final sale price.
This is a rare chance to establish your business in one of Leicester’s most dynamic commercial hubs. For more information or to arrange a viewing, contact us today and explore the full potential of this versatile property.
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More information
Tenure
Leasehold (992 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review