Type

Property Type

Bedrooms

Bathrooms

Min. Price

Max. Price

Asking Price £35,999 PA

0 beds 0 baths

Available

Friar Lane, Leicester, Leicestershire

Features

Prime corner-positioned commercial property on Friar Lane, located in Leicester's bustling city centre
Previously a thriving restaurant, highlighting the area's lively commercial atmosphere
High-visibility location with heavy foot traffic, perfect for bars, restaurants, or similar businesses
Flexible layout featuring an open-plan space, offices, W/C facilities, storage room, and kitchen
992 years remaining on the lease, offering long-term security; service charges available upon request
VAT elected, with final prices subject to VAT, providing a unique business investment opportunity

Summary

Discover a remarkable commercial opportunity in the heart of Leicester's vibrant city centre. This leasehold property on Friar Lane, previously a successful restaurant, is perfectly positioned to elevate your business aspirations. Located on a prominent corner, it offers high visibility and excellent foot traffic, ideal for businesses looking to thrive in a bustling area known for its popular bars and restaurants.

Description

Discover a remarkable commercial opportunity in the heart of Leicester's vibrant city centre. This leasehold property on Friar Lane, previously a successful restaurant, is perfectly positioned to elevate your business aspirations. Located on a prominent corner, it offers high visibility and excellent foot traffic, ideal for businesses looking to thrive in a bustling area known for its popular bars and restaurants.

The property features a flexible layout with a welcoming entrance that opens into a spacious, open-plan area, ready to be tailored to your business needs. Two staircases lead to the lower level, which includes well-appointed offices, W/C facilities, a convenient storage room, and a functional kitchen. This design provides ample room for customer-facing operations as well as private administrative areas.

With an impressive 992 years remaining on the lease, this property ensures long-term security. Service charges, covering communal maintenance, are available on request, and VAT will apply to the final sale price.

This is a rare chance to establish your business in one of Leicester’s most dynamic commercial hubs. For more information or to arrange a viewing, contact us today and explore the full potential of this versatile property.

Utilities, Rights, Easements & Risks

Utility Supplies
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Rights & Restrictions
Article 4 Area Ask Agent
Listed property Ask Agent
Restrictions Ask Agent
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Risks
Flooded in last 5 years Ask Agent
Flood defenses Ask Agent
Flood sources Ask Agent

Additional Details

Holding Deposit: £692.28
Security Deposit: £3,461.44
Tenure: Leasehold
Lease Remaining: 992 years