£275,000
(£175.27/sq. ft)
Retail premises for saleGuildhall Lane, Leicester LE1
1,569 sq. ft
Freehold
About this property
Rare Freehold Opportunity
Close to Highcross Shopping Centre
Shop with Living Accommodation
Readings Property Group are pleased to bring to market the rare opportunity to purchase a retail premises with living accommodation within 'The Lanes' district of Leicester City Centre. The premises had been occupied by a well established cafe for over 20 years. The area accommodates independent retailers and food outlets and is very close to the Highcross Shopping Centre entrance on High Street.
Description & Location
The opportunity is to purchase the subject property which previously accommodated a cafe on the ground and first floor and living accommodation on the 2nd & 3rd Floors. It is located adjacent to 'The Guild Rooms' and benefits from outside seating to the front and a shared yard to the rear. Internally the ground floor unit was previously laid out to accommodate a serving counter, and customer seating.
Terms
Offers in the region of £275,000
Accommodation
Retail
Ground & First Floor Retail Approx 55.3 sqm (596 sqft).
Basement Approx 24.1 sqm (260 sqft)
Residential
2nd & 3rd Floor Residential Approx. 66.3 sqm (713 sqft)
Rating
Rateable value: £5,300
Rates payable 2025/26: Tbc
Prospective tenants are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.
Energy Performance (Epc)
EPC Rating B
Planning
Taking in to consideration the previous user, we believe the current planning use would fall under Class E
We would advise all interested parties to make their own enquiries and not solely rely on information we have provided
Vat
We understand VAT is not applicable.
Services
Mains Water, & Electric are available
Legal Costs
Each party to pay their own legal costs if the property is sold.
Application & Referencing
All applications will be subject to the relevant checks.
Viewings
Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar).
Agent Notes
Consumer protection legislation - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and isva code of measuring practice.
Description & Location
The opportunity is to purchase the subject property which previously accommodated a cafe on the ground and first floor and living accommodation on the 2nd & 3rd Floors. It is located adjacent to 'The Guild Rooms' and benefits from outside seating to the front and a shared yard to the rear. Internally the ground floor unit was previously laid out to accommodate a serving counter, and customer seating.
Terms
Offers in the region of £275,000
Accommodation
Retail
Ground & First Floor Retail Approx 55.3 sqm (596 sqft).
Basement Approx 24.1 sqm (260 sqft)
Residential
2nd & 3rd Floor Residential Approx. 66.3 sqm (713 sqft)
Rating
Rateable value: £5,300
Rates payable 2025/26: Tbc
Prospective tenants are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.
Energy Performance (Epc)
EPC Rating B
Planning
Taking in to consideration the previous user, we believe the current planning use would fall under Class E
We would advise all interested parties to make their own enquiries and not solely rely on information we have provided
Vat
We understand VAT is not applicable.
Services
Mains Water, & Electric are available
Legal Costs
Each party to pay their own legal costs if the property is sold.
Application & Referencing
All applications will be subject to the relevant checks.
Viewings
Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar).
Agent Notes
Consumer protection legislation - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and isva code of measuring practice.
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