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- LoopNet Team
Lauceston Rd
Wigston LE18 2GL
The Co-Operative Food · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Retail convenience store
- Net Yield of 6% with passing rent at £60,000
- Let to Central England Cooperative
PROPERTY FACTS
AMENITIES
- EPC - D
ABOUT LAUCESTON RD , WIGSTON, LEC LE18 2GL
The property is a former public house which was converted to a convenience store in 2012. The building is of conventional brick construction with a rear two storey element. The ground floor is used for retail purposes with associated rear stores and the first floor is used for ancillary accommodation. There is an extensive customer car park on the front of the property and access to a separate rear service charge off Bodmin Avenue. Wigston is a popular town suburb approximately 3 miles south of Leicester City Centre. It is a densely populated area with an estimated population of 32,321 (2011 Census). The property occupies a prominent position fronting Launceston Road and on the corner of Bodmin Avenue. The property is situated within a small neighborhood centre including a number of other retail units and Little Hill Primary School is in close proximity.
