Retail premises for sale in St. Stephens Road, Leicester LE2
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Please note this Auction will be steamed live via our website with Remote Bidding by Proxy, Telephone or Internet Only.
Location:
The property occupies a prominent position on St Stephens Road, off the main Evington Road within a retail parade.
Accomodation:
Ground Floor -
Retail sales area = 517.92 sq ft (48.12 sq m)
WC = 57 sq ft (5.30 sq m)
Kitchen = 183.21 sq ft (17.02 sq m)
Separate access provided to Flats:
First Floor Flat -
Landing, lounge, kitchen, bedroom, bathroom.
Second Floor Studio Flat: -
Landing, open plan living room / bedroom, kitchen, bathroom.
Tenure:
Freehold subject to existing lease & tenancies:
Ground Floor - Retail:
Tenure: Let for a term of 5 years from 06.10.23
Rental Income: £900.00 p.c.m / £10,800.00 per annum
First Floor - Flat:
Tenure: Let on an A.S.T for a term on 12 months from 21.02.23
Rental Income: £800.00 p.c.m / £9,600.00 per annum
Second Floor - Flat:
Tenure: Let on an A.S.T for a term on 12 months from 01.01.24
Rental Income: £600.00 p.c.m / £7,200.00 per annum
Total Rental Income: £2,300 p.c.m / £27,600.00 per annum
note:
The completion date will be on or before eight weeks following exchange of contracts.
EPC rating:
Ground Floor Retail - EPC Rating E
*Please do not hesitate to contact our office on should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions*
buyers fee: The successful purchaser will be required to pay the Auctioneers a buyer's fee of £1,800.00 (inc VAT) upon exchange of contracts on any property
which is bought prior to auction, on the auction day or post auction.
Important notice: All purchasers will be required to provide proof of identity, as well as their 10% deposit. Two forms of identification required (for further
information please see The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 at the front of the catalogue).
Deposits & buyers fees can be paid by personal cheque, bankers draft, credit or debit card (Please note charges may apply). No cash deposits will be accepted.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Shonki Bros, LE3 on +44 116 448 9093 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Shonki Bros, and do not constitute property particulars. Please contact Shonki Bros for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.