£350,000
2 bed terraced house for saleFosse Road North, Leicester LE3
2 beds
1 bath
2 receptions
- Chain free
- Freehold
Fraser Stretton
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About this property
Freehold For Sale
Highly Desirable Location
Offered with No Upward Chain
Rental Yield Of 5.5%.
Description
A fantastic opportunity to acquire a substantial freehold premises situated in a prominent position on the bustling Fosse Road North, Leicester. This versatile property is split between a well-established fish and chip shop on the ground floor and a self-contained, separately accessed first floor apartment, making it an ideal investment for buy-to-let landlords or those looking to add to their portfolio.
Currently let and operating as a fish and chip takeaway (business for sale through separate negotiation), the ground floor includes:
Shop Floor: 5.40m x 3.47m (17'9" x 11'4") - A bright and welcoming customer-facing area with a large shopfront and serving counter.
Two Kitchen/Prep Areas: Total approx. 7.54m x 1.97m - Well-equipped food preparation areas.
Additional Storage/WC Area: 7.29m x 1.97m - Located at the rear of the property with access to a paved rear garden and side access.
First Floor - 3 Bedroom Flat
Accessed via a private entrance, the upper floor comprises a spacious apartment currently let out, featuring:
Lounge / Bedroom 1: 3.63m x 3.97m (11'11" x 13'0")
Bedroom 2: 3.30m x 2.67m (10'10" x 8'9")
Bedroom 3: 2.65m x 1.93m (8'7" x 6'4")
Bathroom: 1.93m x 1.70m (6'4" x 5'7")
The flat benefits from mains electricity, gas, water and drainage and is fully heated throughout.
Investment Highlights
Total Floor Area: Approx. 101.6 sq. M (1093.6 sq. Ft)
Combined commercial and residential rental income generating approx. 5.5% yield
Separate access for commercial and residential units
Popular location with high footfall and excellent transport links
Scope for future value enhancement or development (STPP)
Outside
The property also includes a rear paved yard with side access, useful for deliveries, bin storage or further development potential (subject to planning).
Viewings & Further Information
Strictly by appointment through the sole agent: Fraser Stretton
Postcode for Sat Nav: LE3 5BL
Council Tax Band: Tbc
Tenure: Freehold
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