Location: The property is located near to the Bede Street junction and within walking distance of De Montfort University and Narborough Road.
A large extended mix use property with ground floor retail unit of 642 sqft and 9 flats above and to the rear totalling 5,192 sqft on a site area of 0.091 acres. The property is fully occupied.
Site Dimensions: Site Width: 13.54m Site Depth: 25.20m
Accommodation: Ground Floor: Retail unit with kitchen, WC, 2 x studio flats, 4 bed flat. Commercial NIA: 642 sqft (60 sqm) Residential GIA: 1,244 sqft (116 sqm)
First Floor: 5 bed flat, 4 bed flat, 2 x studio flats. GIA: 2,353 sqft (219 sqm)
Second Floor: 5 bed flat, 2 bed flat. GIA: 1,595 sqft (148 sqm)
Tenure Freehold, subject to existing tenancies and lease. Refer to the legal pack for all tenancy agreements and the lease. Currently fully occupied, producing a gross rent of £168,499.96 pa.
Energy Performance Certificate: Refer to legal pack.
Areas by Use: Commercial NIA: 642 sqft (60 sqm) approx. Residential GIA: 5,192 sqft (484 sqm) approx.
Solicitors Thomas Flavell & Sons Solicitors, Church Walk, Hinckley, Leicestershire LE10 1DN [use Contact Agent Button] ~ Ref. R Ley
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.
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