Key Information
- Prime city centre location
- 8 apartments with open plan retail unit
- Existing planning consent
- Purchase price: £700,000
- £700,000 is required for the benefit of this exciting development opportunity.
Former banking premises that comprise an imposing four-storey building with a front facade constructed in a mixture of stone and brickwork under a pitched insulated slate roof. The front elevation incorporates decorative stone mullion windows to the upper floors, together with timber sash windows. There is an existing shop front, with direct access out onto Market Street. The building has been cleared to a shell finish to allow the purchaser to refurbish the ground floor to provide a single or multiple retail units, together with the refurbishment of the open plan accommodation on the upper levels to provide for the consented scheme. There is basement accommodation that is anticipated will form ancillary accommodation associated with the retail uses on the ground floor.
Location
The property is located close to the corner of Market Street and Horsefair Street within the very heart of Leicester city centre, allowing future occupiers of any scheme able to take full advantage of the retail and other services that are available. Market Street and Horsefair Street are important retailing thoroughfares, adding significant viability to the future refurbishment potential of the ground floor outlet.
VAT
VAT may be applicable to the purchase price.
Services
Interested parties are requested to make their own enquiries of the utility companies in order to ensure that the necessary services are available on site.
EPC
The premises have a current EPC assessment of: E 104
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Gross Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
Planning consent has been granted by Leicester City Council for a change of use from banking premises to a commercial unit on the ground and basement, together with 8 self-contained flats on the upper floors (Consent No. 20241491. Plans of the consented scheme and the planning consent itself are available from the agents upon request.
Viewing
Viewings are by appointment with sole agents Innes England