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Guide price

£290,000

3 bed end terrace house for sale
Narborough Road, Leicester, Leicestershire LE3

    • 3 beds

    • 2 baths

    • 2 receptions

  • Auction
  • Freehold

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About this property

  • Property Ref : 2840

  • Well-Known Cafe W/ Equipment Included & 3 Bedroom Apartment Above

  • Rare Opportunity|Well Known Cafe Trading For Over 40 Years

  • Amazing Investment

  • The Modern Method of Auction

  • Buyers fees apply

  • Online Bidding Available

  • Subject to Reserve Price

  • Bid now!

  • Fixed Timescales for Exchange and Completion

Welcome to 205 Narborough Road – a vibrant and historic part of Leicester that’s always buzzing with activity. This is a rare opportunity to purchase a well-established investment in a prime location.

Currently trading as Lyn’s Café, this much-loved eatery has been serving the community for over 40 years, boasting a loyal customer base and consistent footfall from opening until close.

The ground floor operates as a fully fitted café/restaurant, offering seating for up to 28 diners and a practical layout ideal for breakfast, lunch, or casual dining service. The existing setup may be included within the sale, presenting a fantastic opportunity for a new owner to step straight in and continue trading or rebrand to their own vision.

Upstairs, a well-maintained three-bedroom apartment provides additional income potential, currently let at £750 pcm with scope to achieve more in today’s rental market.

Whether you’re an experienced investor, a business owner looking for a new venture, or simply seeking a property with dual income potential - this is an opportunity not to be missed!

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
- Property Ref : 2840.

Seller Insights

Welcome to 205 Narborough Road – a vibrant and historic part of Leicester that’s always buzzing with activity. This is a rare opportunity to purchase a well-established investment in a prime location.Currently trading as Lyn’s Café, this much-loved eatery has been serving the community for over 40 years, boasting a loyal customer base and consistent footfall from opening until close.The ground floor operates as a fully fitted café/restaurant, offering seating for up to 28 diners and a practical layout ideal for breakfast, lunch, or casual dining service. The existing setup may be included within the sale, presenting a fantastic opportunity for a new owner to step straight in and continue trading or rebrand to their own vision.Upstairs, a well-maintained three-bedroom apartment provides additional income potential, currently let at £750 pcm with scope to achieve more in today’s rental market.Whether you’re an experienced investor, a business owner looking for a new venture, or simply seeking a property with dual income potential - this is an opportunity not to be missed!Auctioneer CommentsThis property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day ReservationPeriod. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer InformationPack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recentinformation on the Buyer Information Pack fee, please contact the iamsold team.The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchaseprice inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during theReservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if theservice is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

** Material Information (See Property Report Via Additonal Links For More Information) **

Tenure: Freehold
EPC Rating:
Council Tax Band: A
Council Tax Rate (Standard): £1,605
Max. Broadband Speed (estimated): 1000 Mbps
Mains Gas: Yes
Mains Water: Yes
Mains Drainage: Yes
Mains Electricity: Yes
Property Reference: 2840
gdpr: By submitting an enquiry, you consent to your information being shared with the seller
of this property or the agent representing the property. Your details will only be used to respond to your enquiry and arrange viewings or provide further information.

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  • Tenure

    Freehold

  • Council tax band

    A

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