Commercial Property Consultants        Tel:0116 2712674

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Established

Since

1989

Tel. 0116 285 47 47   Email. jay@rnjays.com

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INVESTMENT FOR SALE

25-29 HORSEFAIR STREET &

UNIT 3 MARKET PLACE SOUTH

LEICESTER

 

Location

 

Leicester is a major City located at Junction 21 of the M1 within East Midlands golden triangle and benefits from undoubted communication network to both the M6/A1/M69 with Nottingham East Midlands Airport close by at junction 24.

 

The property is located close to the heart of Leicester’s Shopping area fronting on to Horsefair Street and Market Place the latter being the largest covered open Market in Europe.

 

Nearby occupiers include Yorkshire Building Society, Alliance & Leicester, TSB Bank, Goldsmiths Jewellers, Holland & Barrett etc

 

Description

The property has been split to provide four retail units to the ground floor and large accommodation above the retail units suitable for offices/call centre or storage.

 

Income       £187,500.00

 

Tenure  Ground lease hold 125 years from 28th April 1980 at 5 pence pa if demanded.

 

Price

Offers invited around £1,965,000 equates to a and a net yield of 9% allowing for the usual purchase costs of 5.7625%

 

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