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19 High St 1,987 sq ft Retail Property Leicester LE1 4FP £60,000 (£30.20/sq ft)



Investment Highlights
- Fully fitted cafe in Town Centre
- Premises licence in place
Executive Summary
Fully fitted cafe business for with lease assignment
Lease: Ending April 2044 (Outside LTA 1954 Act)
Current Rent: £30,000 per annum exclusive
Rent review: Every 3 years
Next rent review: 2027
Premium: £69,995 (Business, Lease & fixtures and fittings)
Lease: Ending April 2044 (Outside LTA 1954 Act)
Current Rent: £30,000 per annum exclusive
Rent review: Every 3 years
Next rent review: 2027
Premium: £69,995 (Business, Lease & fixtures and fittings)
Property Facts
Sale Type
Owner Occupier
Sale Conditions
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront
Property Size
1,987 sq ft
Costar Property Class
B
Year Built
1900
Price
£60,000
Price per sq ft
£30.20
Tenancy
Single
Number of Floors
4
Plot ratio
2.28
Total Plot Size
0.02 ac
Frontage
16 ft on High Street
Amenities
- Bus Route
- EPC - B
- Storage Space
About 19 HIGH ST , LEICESTER, LEC LE1 4FP
Ground floor: Circa 567 sq. ft with 18 covers Basement: Circa 570 sq. ft used as storage 1st & 2nd floor: 435 sq. ft (each) used as lounge with circa 33 covers Benefits from three phase electricity Premises licence in place Rateable Value: 28,500 Payable Rates: Circa 11,000 p.a.
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Nearby Major Retailers
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19 High St
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