Key Information
- Total NIA: 550 sq.ft (51.1 sq.m)
- Positioned along a busy shopping parade
- Providing flexible accommodation
- Rent: £14,400 p.a.x
- £14,400 p.a.x
A two-storey retail unit with a prominent shopfront onto The Parade Internally, the ground floor provides flexible sales accommodation, separated by a small step up to a raised area toward the rear providing a kitchen and WC. The first floor is accessible via a staircase located at the back of the ground floor and offers ancillary space.
Location
The property is located in Leicester, within the suburb of Oadby. Leicester is the second largest city within the East Midlands located some 20 miles south of Nottingham and 43 miles north-east of Birmingham. Oadby itself is a popular satellite area of the city, lying approximately 4 miles to the south-east of the City centre. Oadby is primarily a residential dormitory area, though is supported by its own shopping thoroughfare along The Parade together with Asda, Sainsburys and Lidl Supermarkets nearby. The subject property occupies a frontage position to the north east side of The Parade. This section of The Parade incorporates predominantly local occupiers however, there are a number of national retailers further down the street that include Marks and Spencer Food, Costa Coffee, Boots, Subway and Holland and Barratt. The Weatherspoons public house is also situated directly opposite.
VAT
All figures quoted are exclusive of VAT. The property is not registered for VAT.
Rates
The property is currently listed as Shop and Premises and has a rateable value of £11,000. Subject to status the tenant might qualify for 100% rates relief. Source: VOA
Services
We understand all mains services are connected to the property, save for gas.
EPC
Available upon request.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Net Internal basis in accordance with the RICS Property Measurement Second Edition.
Viewing
Viewings are by appointment with sole agents Innes England.