Key features

Full description

Location
This property occupies a prominent position in the heart of Leicester City Centre, within the historic professional area of the City Centre. The property lies close to the fashionable retailing areas of Loseby Lane and the Highcross Shopping Centre. De Montfort University, Leicester University & Leicester Royal Infirmary are all short walk away, with many buildings nearby converted into student accommodation to cope with high demand. Nearby attractions include Newark House Museum, Leicester Cathedral and the Richard III Visitors Centre, within walking distance of Leicester de Montfort University and Leicester Royal Infirmary.

Description
A substantial three storey property of solid red brick construction beneath a pitched tiled roof. The lower ground floor and ground floor is currently used as a bar. The first and second floors provide open plan office accommodation having separate access from Millstone Lane. Externally there is car parking provided to the side of the property which currently is being utilised by the ground floor occupier.

Accommodation
Lower Ground Floor- currently set up as a bar with various seating areas, corner bar space, male and female WC, store room, stairs providing access to ground floor.

Ground Floor - open plan bar having numerous seating areas along with leisure space, glazed frontage onto Millstone lane, further male and female WC. There is a large fully fitted kitchen facility provided on the ground floor.

First & Second Floors - each floor provides open plan office accommodation suitable for either office or alternative uses. The
specification presently includes full carpeted flooring, suspended ceiling on the first floor with fluorescent strip lighting, perimeter wired trunking and wall mounted radiators. There are kitchen facilities on both floors along with male & female WCs.

Business Area measurements - Approx
Basement Floor Internal Storage - 48.3 Sq Ft (4.49Sq M)
Basement Floor Internal Storage - 43.2 Sq Ft (4.01Sq M)
Basement Floor Public Toilets - 100.1Sq Ft (9.3Sq M)
Ground Floor Retail Area - 876.8Sq Ft (81.46Sq M)
Basement Floor Public Toilets - 70.7Sq Ft (6.57Sq M)
Ground Floor Kitchen - 413.4Sq Ft (38.41Sq M)
Ground Floor Public Toilets - 71.4Sq Ft (6.63Sq M)
Ground Floor Public Toilets - 57.8Sq Ft (5.37Sq M)
Basement Floor Retail Area - 1017.1Sq Ft (94.49Sq M)
First Floor Office - 1963.3Sq Ft (182.4Sq M)
Second Floor Office - 1912.7Sq Ft (177.7Sq M)

Services
We understand that all mains services are connected to the property. It should be noted that Shonki Brothers have not tested any of the services and are not able to offer any guarantees in this regard.

Planning
We are verbally advised that the premises have consent for Sui Generis Use (ground floor) Class E (First & Second Floors) of The Town and Country Planning (Use Classes) (Amendment) Regulations 2020. Interested parties should make the own enquiries by contacting the local authority (Leicester City Council).

Tenure
Freehold subject to existing lease for the lower ground floor and ground floor. The first and second floors are offered with vacant possession upon completion. The ground and lower ground floor is Let to the “Odd Bar” for a term of 15 years from the 18th January 2022 at a rent of £24,000 per annum.

Viewings
Strictly by appointment through the sole selling agents.

VAT
We are advised that VAT is not applicable.

Legal Costs
Each party to be responsible for their own legal costs.

EPC
Basement and Ground Floors: EPC Rating C.
First and Second Floors: EPC Rating E.

Rates
The rateable value is to be confirmed. Interested parties should satisfy themselves as to the likely rates payable from the date of occupation by contacting the Local Authority.

Disclaimer: Money Laundering Regulations, Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. All measurements are approximate. Whilst we endeavour to make our sales particulars accurate and reliable, these approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before. Shonki Bros have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. Potential buyers are advised to recheck the measurements before committing to any expense. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants.