From
£800,000
Property for saleHumberstone Gate, Leicester LE1
Auction
About this property
Let to Tesco Stores Ltd on a 15 year lease from June 2022
Pedestrianised City Centre location
Close to the Highcross and Haymarket Shopping Centres
Investment Let at £65,000 p.a. (8.13% giy on guide)
Strapline
Auction Sale - 01/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A convenience store investment let to Tesco Stores ltd on a 15 year lease from June 2022 at £65,000 p.a.
The property is situated in a prominent corner position on Humberstone Gate at its junction with Fox Lane, in the heart of Leicester city centre
Investment Let at £65,000 p.a.
Description
A prominent corner building comprising of a convenience store investment let to Tesco Stores ltd on a 15 year lease from June 2022 at £65,000 p.a.
Tesco stores Limited has been given a '5A2' D&B Rating and is owned by it parent company Tesco plc
Location
The property is situated in a prominent corner position on pedestrianised Humberstone Gate at its junction with Charles Street, in the heart of the city centre. The property is in close proximity to the major 120 unit Highcross Centre, anchored by John Lewis, Debenhams and House of Fraser and adjacent to the Haymarket Shopping Centre. Other nearby occupiers include Primark, H&M, Marks & Spencer, Caffè Nero, Boots the Chemist, Pandora, Clarks and Superdrug.
Transport
Road: Good road links via the A6, A47, A563 and M1. Approximately 30 miles south of Nottingham, 45 miles north-east of Birmingham.
Rail - Leicester Railway Station
Airport - East Midlands Airport
Tenancy
Let to Tesco Stores ltd on a 15 year lease from June 2022 at £65,000 p.a.
We understand the lease contains a tenant only break at 24/06/2032
With the next scheduled rent review being 24/06/2032
Accommodation
Ground Floor - Approximately - 4,208 sq ft (390 sq m)
Auction Sale - 01/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A convenience store investment let to Tesco Stores ltd on a 15 year lease from June 2022 at £65,000 p.a.
The property is situated in a prominent corner position on Humberstone Gate at its junction with Fox Lane, in the heart of Leicester city centre
Investment Let at £65,000 p.a.
Description
A prominent corner building comprising of a convenience store investment let to Tesco Stores ltd on a 15 year lease from June 2022 at £65,000 p.a.
Tesco stores Limited has been given a '5A2' D&B Rating and is owned by it parent company Tesco plc
Location
The property is situated in a prominent corner position on pedestrianised Humberstone Gate at its junction with Charles Street, in the heart of the city centre. The property is in close proximity to the major 120 unit Highcross Centre, anchored by John Lewis, Debenhams and House of Fraser and adjacent to the Haymarket Shopping Centre. Other nearby occupiers include Primark, H&M, Marks & Spencer, Caffè Nero, Boots the Chemist, Pandora, Clarks and Superdrug.
Transport
Road: Good road links via the A6, A47, A563 and M1. Approximately 30 miles south of Nottingham, 45 miles north-east of Birmingham.
Rail - Leicester Railway Station
Airport - East Midlands Airport
Tenancy
Let to Tesco Stores ltd on a 15 year lease from June 2022 at £65,000 p.a.
We understand the lease contains a tenant only break at 24/06/2032
With the next scheduled rent review being 24/06/2032
Accommodation
Ground Floor - Approximately - 4,208 sq ft (390 sq m)
.png){kind=logo}