77 Belgrave Rd 1,888 sq ft 4-Star Retail Property Leicester LE4 6AS £750,000 (£397.25/sq ft) 5% Net Initial Yield

We are pleased to present a rare opportunity to acquire a freehold commercial property located on the prestigious Golden Mile, Belgrave Road in Leicester. This property boasts a substantial retail space, ideal for a variety of business ventures, making it a prime investment opportunity. Above the retail area, there is a well-appointed three-bedroom flat currently rented at £850 per calendar month, providing an immediate income stream. Furthermore, there is significant scope for development, subject to planning permission, allowing further residential development. With no chain involved, this property is ready for a swift transaction, making it an attractive option for both investors and business owners alike. Do not miss the chance to secure this exceptional property in a vibrant and sought-after location. Current Property layout: Front commercial space - £20,000.00 PA. Rear office space - private use with access to basement & above stock rooms. Three bedroom flat - £10,200.00 PA. Contact Set To Let Estate Agents to arrange internal viewings. Yield is currently 5% however there is an opportunity for development.