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Freehold

£2,400,000

(£452.57/sq. ft)

Property for sale

Rutland Street, Leicester LE1
5,303 sq. ft

£2,400,000

(£452.57/sq. ft)

Property for sale
Rutland Street, Leicester LE1

    • 5,303 sq. ft

Freehold

About this property

  • Leicester City Centre location

  • 11 one and two bed apartments, together with 4 fully let retail units

  • Gross income £155,040 pa

  • Purchase price: In the region of £2.4m to show a purchaser a gross initial yield of 6.46%

An imposing three and four-storey property, providing four retail outlets on the ground floor, together with upper floor residential accommodation. The building is constructed in brickwork under a flat roof with uPVC replacement windows throughout.

The retail element all have significant profile onto either Rutland Street or Charles Street, and provide a range of different sized units, some with substantial basement storage / offices.

The upper floors provide a mixture of good quality single and two bedroom apartments, together with bathroom and kitchen facilities. The extent of the accommodation is outlined below.

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