Business for Sale in Leicestershire Investment Property / A3 Licence / Fish & Chip + Accommodation

Key Information

Reference

INV35240G

Tenure

Freehold

Status

For Sale

Region

Leicestershire

Sector

Investment Properties

Business Rates

NIL (Small Business Rates Relief)

Accommodation

1 x 3 Bedroom Flat 1 x 1 Bed Studio

Business Information

INVESTMENT/DEVELOPMENT/EMPTY PROPERTY OPPORTUNITY – offering numerous options, situated on the busy Narborough Road (A5460), Leicester, close to the King Power Stadium and De Montfort University, lying on a popular bus route, benefits from free one-hour parking spaces and unrestricted parking in the surrounding roads, surrounded by densely populated residential areas.

This prominent property, currently comprising of a Fish and Chip / Hot Food Takeaway with a valuable A3 licence, 3 bedroom flat and one bedroom self-contained apartment, with potential for development (subject to planning).

This is a versatile property, currently owned by a limited company. The 3-bedroom flat was previously running as a 4-bedroom HMO (currently vacant). There is also an opportunity to convert the old potato store into a self-contained flat, with the option of adding an extra storey (subject to planning)

• Commercial & Residential Premises
• Commercial underlet at £12,000 pa
• 3 Bedroom Flat – vacant – previously let for £11,400pa
• Studio Apartment – let at £6,000 pa

Freehold price £550,000 Ref: INV35240G