LOT 07
Sold prior to auction, for an undisclosed amount
49 & 51 Church Gate, Leicester, LE1 3AL
Solicitor Details
Parity Legal, Parity House, 19a Church Street, Oadby, Leicester LE2 5DB Tel: (0116) 464 7559 ~ Ref. K Singh
*Guide Price & Reserves
COMMERCIAL INVESTMENT
Addendum
SOLD PRIOR
Property Description
A pair of retail units of approximately 1,529 sqft (142 sqm).
Location:
The property is located in the city centre near to Highcross Shopping Centre and the corner of Churchgate and St Peter’s Lane.
Tenure:
Freehold
NO.
USE
SQFT (SQM)
EPC
LEASE
RENT £ PAX
49 - G/F
Newsagents
377 (35)
110, E
26.05.2017 - 25.05.2019 at £10,200
8,400
49A - F/F
51 - G/FStore, kitchen, bedroom, bathroom
Beauty Retailer775 (72)
377 (35)141, F
01.02.2019 - 31.01.2029 at £10,800
5 yearly rent review7,200
Current Rental Income
15,600
Estimated Rental Income
17,800
Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
