Key Information
- GIA: 2,555 sq ft (237.4 sq m)
- Popular high profile location close to Leicester Train Station and University of Leicester
- Fully let producing a current aggregate income of £41,360 per annum
- Purchase price subject to the occupational tenancies - £625,000
- Asset management opportunity
- Rear parking for 2 cars
- £625,000 for the freehold interest, subject to the occupational tenancies in place.
The property comprises an attractive Victorian three-storey mid-terraced property of solid red brick construction beneath a pitched slate roof with a two-storey extension of similar construction to the rear. Internally, the property has been configured to provide a restaurant on the ground floor which also has the use of a studio flat on the first floor. There are then 4 other self-contained studio flats over the balance of the upper floors, which are accessed via a personal door to the front of the property. To the rear of the building is a tandem parking area for 2 cars.
Location
The subject property is situated approximately 1 mile south of Leicester City Centre, and occupies a prominent frontage position along the A6 London Road, directly adjacent to Victoria Passage and opposite Saxby Street. London Road is a major arterial route leading into the city from the southern side of the county. Major facilities and landmarks within the nearby vicinity include Victoria Park, the University of Leicester, De Montfort Hall and Leicester Railway Station which is approximately 0.2 miles in distance to the north.
VAT
VAT is not applicable to the purchase price.
Services
We understand all mains services are connected to the property.
EPC
Copies of the EPC's are available upon request.
Viewing
Viewings are by appointment with sole agents Innes England.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
From information provided by our client we understand the property provides the above gross internal areas: