£550,000
Studio flat for sale
Market Street, Leicester LE1
studio Flat Property description
A 3-storey character building conveniently located within a busy parade of shops in Leicester City Centre. The ground floor comprises; retail area of approximately 1,361 sqft (127 sqm) with a kitchen and shower room to the rear, and a basement with ample storage which can also be used as an additional retail area. The retail unit will be sold with vacant possession. The upper floors comprise 3 fully let studio flats with separate access via Pocklington's Walk.
Location
This property is situated within a busy parade of shops on Market Street, which is off Millstone Lane and Horsefair Street in Leicester City Centre. The property is in close proximity to Leicester Railway Station, Highcross Shopping Centre, both of Leicester's Universities and benefits from excellent passing trade and high footfall.
Description
A 3-storey character building conveniently located within a busy parade of shops in Leicester City Centre. The ground floor comprises; retail area of approximately 1,361 sqft (127 sqm) with a kitchen and shower room to the rear, and a basement with ample storage which can also be used as an additional retail area. The retail unit will be sold with vacant possession. The upper floors comprise 3 fully let studio flats with separate access via Pocklington's Walk.
Accommodation
All measurements are approximate: Ground Floor: Retail Unit - Sales area, store, kitchen, shower room, basement. Approx. 1,361 sqft (127 sqm)EPC: Rating 32, Band D. AST: VacantRent £ Pax: ERV: £19,000Upper FloorsFlat 1: Studio flat with ensuite shower room. Approx. 182 sqft (17 sqm)EPC: Rating 80, Band CAST: 6 months from 08.07.2024Rent £ PAX: £4,470Flat 2: Entrance hall, lounge/bedroom, kitchen, shower room. Approx. 355 sqft (33 sqm) EPC: Rating 77, Band CAST: 6 months from 01.06.2023Rent £ PAX: £6,600Flat 3: Studio flat with ensuite shower room. Approx. 473 sqft (44 sqm)EPC: Rating 70, Band CAST: 6 months from 08.06.2024Rent £ PAX: £7,200
Current Rental Income
£18,540 per annum exclusive.
Estimated Rental Value
£37,540 per annum exclusive.
Tenure
Freehold, subject to existing tenancies.
Services
The services, fittings and appliances (if any) have not been tested by the agents.
Local Authority
Leicester City Council.
Viewings
Kal Sangra, Shonki Brothers Ltd85 Granby Street, Leicester, LE1 6FB[use Contact Agent Button][use Contact Agent Button]
Council Tax Band: Exempt - Commercial
Tenure: Freehold
Location
This property is situated within a busy parade of shops on Market Street, which is off Millstone Lane and Horsefair Street in Leicester City Centre. The property is in close proximity to Leicester Railway Station, Highcross Shopping Centre, both of Leicester's Universities and benefits from excellent passing trade and high footfall.
Description
A 3-storey character building conveniently located within a busy parade of shops in Leicester City Centre. The ground floor comprises; retail area of approximately 1,361 sqft (127 sqm) with a kitchen and shower room to the rear, and a basement with ample storage which can also be used as an additional retail area. The retail unit will be sold with vacant possession. The upper floors comprise 3 fully let studio flats with separate access via Pocklington's Walk.
Accommodation
All measurements are approximate: Ground Floor: Retail Unit - Sales area, store, kitchen, shower room, basement. Approx. 1,361 sqft (127 sqm)EPC: Rating 32, Band D. AST: VacantRent £ Pax: ERV: £19,000Upper FloorsFlat 1: Studio flat with ensuite shower room. Approx. 182 sqft (17 sqm)EPC: Rating 80, Band CAST: 6 months from 08.07.2024Rent £ PAX: £4,470Flat 2: Entrance hall, lounge/bedroom, kitchen, shower room. Approx. 355 sqft (33 sqm) EPC: Rating 77, Band CAST: 6 months from 01.06.2023Rent £ PAX: £6,600Flat 3: Studio flat with ensuite shower room. Approx. 473 sqft (44 sqm)EPC: Rating 70, Band CAST: 6 months from 08.06.2024Rent £ PAX: £7,200
Current Rental Income
£18,540 per annum exclusive.
Estimated Rental Value
£37,540 per annum exclusive.
Tenure
Freehold, subject to existing tenancies.
Services
The services, fittings and appliances (if any) have not been tested by the agents.
Local Authority
Leicester City Council.
Viewings
Kal Sangra, Shonki Brothers Ltd85 Granby Street, Leicester, LE1 6FB[use Contact Agent Button][use Contact Agent Button]
Council Tax Band: Exempt - Commercial
Tenure: Freehold
Property photos
Interested in this property?
Check Your Credit Report & Score 
Council tax
First listed
Over a month agoMarket Street, Leicester LE1
Marketed by
Kal Sangra Shonki Brothers - Commercial 85 Granby Street Leicester, Leicestershire LE1 6FBCall agent on 0116 448 3844
Placebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Market Street, Leicester LE1 - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Kal Sangra Shonki Brothers - Commercial. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kal Sangra Shonki Brothers - Commercial for full details and further information.
property_vrec_1