Commercial Property in Leicester

2 King Street, Enderby, Leicester LE19 4NT
  • Lot No: 172
  • Property Type: Commercial Property
  • Contract Type: Split fee

Guide Price* £150,000+ plus fees

Property Description

A investment opportunity comprising of 2 ground floor retail units, one parking space to the rear and the sale includes the freehold title of the whole building. Flat above to be sold on long lease. Situated within the centre of the thriving village of Enderby with other commercial premises close by and an abundance of residential housing. The units are both full let with a combined income of £16,170 per annum. A great investment with income from day one and a superb yield of over 10%. Bella Hair- Hairdressing Studio -let at £10,500 per annum on a 10 year lease with 9 years remaining Gillys- Sandwich Bar- Let at £5670 per annum on a 10 year lease with 9 years remaining.

Bella Hair

Let at £10,500 per annum. Main Salon with large window frontage. Cloakroom / w.c.


Gillys Sandwich Bar

Let at £5670 per annum. Main Retail Area, Cloakroom / w.c. Parking Space to rear


Note to Buyers

We have not been provided with evidence of rental increase in relation to the two ground floor units.<br>The buyer will purchase subject to a new Lease of the first floor flat and parking space for a term of 125 years.<br>Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold