£450,000

Retail premises for sale

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Leasehold

Offers over

£450,000

Retail premises for sale

Friar Lane, City Centre LE1

EPC rating: C
Tenure
Leasehold
Time remaining on lease
992 years
Service charge
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Council tax band
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Ground rent
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Ground rent date of next review
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Local area information

Property location

Nearby amenities

  • Leicester 0.4 miles
  • The Children's Hospital School (SEN) 0.5 miles
  • King Richard III Infant and Nursery School 0.6 miles
  • South Wigston 3.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Leicester to find out more about the area.

Features and description

  • Leasehold
  • Prime corner-facing commercial property on Friar Lane in Leicester's city centre
  • Previously operated as a successful restaurant, reflecting the area's vibrant business scene
  • Strategic location with high visibility and foot traffic, ideal for bars and restaurants
  • Versatile layout includes an open-plan space, offices, W/Cs, store room, and kitchen area
  • Long-term stability with 992 years remaining on the lease; transparent service charges available on request
  • VAT applicability elected; final prices subject to VAT, presenting an exceptional business opportunity
Detailed Description

Welcome to an exceptional opportunity in the heart of Leicester's city centre - a prime commercial property for sale on Friar Lane, offering a leasehold interest that is set to redefine your business ambitions. This corner-facing commercial premises, previously a thriving restaurant business, is strategically located to capitalise on the dynamic energy of the city's bustling core.

Positioned in an area renowned for its vibrant commercial activity, particularly in the realm of bars and restaurants, this property stands as a testament to the pulse of Leicester's business district. Friar Lane, with its strategic corner positioning, ensures high visibility and foot traffic, making it an ideal setting for businesses seeking a dynamic and accessible locale.

The property itself presents a versatile layout, featuring an inviting entrance area leading into an expansive open-plan space - a blank canvas awaiting your unique vision. With two sets of stairs leading to the floor below, the lower level boasts a well-designed arrangement of offices, W/C facilities, a convenient store room, and a functional kitchen area. This thoughtful layout caters to a variety of business needs, providing both open spaces for customer engagement and private areas for administrative functions.

With an impressive 992 years remaining on the lease, this property offers long-term stability for your business. Service charges, essential for the upkeep of communal areas and shared amenities, are available on request, ensuring transparency in your investment. It's noteworthy that the property has been elected for VAT applicability, and any final prices will be subject to VAT.

In summary, this prime commercial property on Friar Lane presents a rare chance to establish your business in the heart of Leicester's city centre, surrounded by a thriving commercial landscape. Don't miss the opportunity to make this versatile space your own, where history, modernity, and business prospects converge seamlessly. For further details and to explore the potential of this leasehold interest, contact us today.

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Floor plans (2)

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Property descriptions and related information displayed on this page are marketing materials provided by - BM Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact BM Estates for full details and further information.

  1. Zoopla
  2. For sale
  3. Leicestershire
  4. Leicester
  5. Leicester City Centre
  6. Friar Lane

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