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Substantial City Centre Retail Unit, 16 Belvoir Street, Leicester, LE1 6QH

2,382 Sq Ft / Retail / General Retail

For Sale

To Let - £17,500.00 per annum

Available - Last updated: 19 March 2024

The property comprises a 3 storey period building with retail offering at ground floor level and ancillary / storage areas within the upper parts.

Rental incentives are available to an occupier to undertake fit out works.

Location

The property boasts a prominent position on the busy Belvoir Street in Leicester City Centre. The street plays home to a number of nearby national occupiers such as Las Iguanas & Walkabout.

Accommodation

Ground floor

Retail Area - 668 sq ft
Rear Sores - 156 sq ft
Kitchen - 98 sq ft
W/C -

First floor

Stores - 717 sq ft
W/C -

Second floor

Stores - 743 sq ft

Total NIA - 2,382 sq ft

Terms

Rent - £17,500 per annum excl.

Term - Available by way of a new Full Repairing and Insuring lease with a term and rent review pattern to be agreed.

Our client may consider a sale of their Freehold interest.

Rating Assessment:

Rateable value: £15,000
U.B.R.: 51.2p in the £ (2023/2024)

Fixtures, Fittings & Services - We have not tested any apparatus, equipment, fixtures, fittings or services. We therefore cannot verify they are in working order or fit for their purpose.

Legal Costs - Each party is to be responsible for their own legal costs incurred in the letting.

Energy Performance Certificate - Please contact the agent for further details.

VAT - The property is VAT registered. 

Specification

  • Extensive retail unit in City Centre location
  • Rental incentives available to prospective occupier
  • Numerous national brands nearby
  • Potential opportunity to purchase Freehold interest

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
May Sell - POA For Sale Leasehold NA NA
  To Let £17,500.00 per annum

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Contact agents

Tom Johnson

Michael Johnson & Co

01384 660411

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