2 bed retail premises for sale

Fosse Road North, Leicester LE3

Detailed Description

BM Estates are delighted to offer this fantastic opportunity to acquire a semi-commercial freehold property situated in a highly prominent position on the bustling Fosse Road North, Leicester. The premises provide a rare chance to purchase a versatile mixed-use investment, combining a well-established ground floor commercial unit with a self-contained three-bedroom apartment above.

The ground floor is currently operating as a fish and chip takeaway (business available through separate negotiation) and features a bright and welcoming shop front with serving counter, two well-equipped kitchen and preparation areas, and a rear storage space with WC facilities. From here, there is direct access to a paved rear garden and useful side access, making it ideal for deliveries and storage.

Accessed separately, the first floor offers a spacious two-bedroom flat which is currently let. The accommodation comprises a lounge, two further bedrooms, and a fitted bathroom. The apartment benefits from mains gas, electricity, water and drainage, and is fully heated throughout, providing comfortable and practical living space.

This freehold property generates a combined commercial and residential rental income with an approximate yield of 5.5%. It also benefits from separate access for both units, ensuring privacy and flexibility for occupiers. Situated in a popular location with excellent footfall and strong transport links, the property presents an excellent opportunity for investors and landlords.

Externally, the property includes a paved rear yard with side access, offering further potential for deliveries, bin storage or development, subject to planning permission. With scope for future value enhancement, this is a superb opportunity to secure a mixed-use investment in a thriving part of Leicester.