Key Information
- Total Area: 1,889 sq ft (175.54 sq m)
- Forming part of a recently redeveloped and iconic development
- Positioned in the heart of Leicester city centre
- Rent: £15,000 p.a.x.
- £15,000 p.a.x.
A self-contained retail unit forming part of a high profile and iconic development which was formally the Fenwick department store. The building is currently undergoing a comprehensive refurbishment to convert the upper floors into a 122-bed aparthotel with a lobby bar / restaurant on the ground floor, together with three other prime retail units and 12,000 sq ft of Grade A co-working office accommodation. Internally, the unit has been configured over ground and basement levels to provide flexible retail accommodation which will be completed to a shell condition, with a full glazed frontage and good floor to ceiling height.
Location
The subject property occupies a prominent frontage position on Bowling Green Street, within the heart of Leicester city centre, approximately 0.3 miles south of the Clock Tower. Market Street is pedestrianised and benefits from good levels of footfall as it is one of the main routes leading into the city centre from the professional office district. Nearby occupiers include a number of regional and local covenants, with notable occupiers including: McDonald's, Royal Bank of Scotland, 200 Degrees, Black Iron Social, Café Nero and Skin Space. The location is readily accessible by private and public transport and is convenient for city centres shopping facilities including Highcross shopping centre (0.3 miles) and the Railway Station on London Road (0.5 miles).
VAT
All figures quoted are exclusive of VAT. The property is registered for VAT which will be charged at the prevailing rate.
Service Charge
There shall be a service charge payable towards the maintenance and upkeep of all common areas / external parts of the building. Further details are available on request from the agents.
Rates
The unit is currently in the process of being renovated and will need to be re-assessed for rates once the works are complete. The tenant will be responsible for business rates payable.
Services
We understand the unit benefits from all main services connections. Interested parties should seek confirmation from relevant providers as to suitability for their proposed use before entering into contract.
EPC
An EPC has been requested and can be provided upon completion of the renovation works.
Viewing
Viewings are by appointment with Innes England or our joint agent: SPACE, Tel: 0345 900 3900.
Legal Costs
Each party is to bear their own legal costs incurred.
Planning
The unit has an authorised use within Class E of the Town and Country Planning (Use Classes) (Amendments) (England) Regulations 2020. This is a broad use class which allows the unit to be used for a variety of uses including; as a retail shop, café, restaurant and office.