No longer on the market
This property is no longer on the market
MapRestaurant
Restaurant
Features and description
Readings Property Group are pleased to bring to market a rare opportunity to occupy a premises fitted out to a high specification as a hot food outlet. We have been instructed by the existing tenant to let the premises on the basis of the existing lease terms. The lease commenced on 20 December 2020 for a term of 10 years.
The prominent period building has accommodation over 4 floors plus basement on a busy thoroughfare leading from the railway station towards the city centre.
Location - The property is situated on Granby Street which is the main thoroughfare between Leicester Railway Station and the Highcross Shopping Centre. The area accommodates a mix of occupiers such as hot food outlets, estate agencies, café's, bars etc.
Terms & Rental (Assignment) - The current tenant intends to assign their lease which commenced on 20 December 2020 for a term of 10 years.
Current Rental: £18,000 per annum
Accommodation - The ground floor has been fully fitted to accommodate a modern hot food outlet. We understand the fitting will remain.
Ground Floor Hot Food Area Inc WC
47.2 sqm (approx 509 sqft)
First Floor
22.66 sqm (approx 244 sqft)
Second Floor
31.7 sqm (approx 342 sqft)
Third Floor
25.3 sqm (approx 273 sqft)
Basement
18.2 sqm (approx 196 sqft)
Planning - Planning permission was granted in December 2020 for a change of use from A1 (Retail) to A3/A5 (Restaurant/Takeaway). This included the installation of a shopfront and ventilation flue to the rear.
We would advise all interested parties to make their own enquiries and not solely rely on information we have provide
Rating Assessment - Rateable value is:
Basement & Ground Floor: £11,750
1st, 2nd & 3rd Floors: £3,500
Rates payable 2022/23
Basement & Ground Floor; £5,863.25
1st, 2nd & 3rd Floor: £1,746.50
Prospective tenants are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.
Energy Performance - EPC Rating - D
Vat - We understand VAT is not applicable.
Legal Costs - The ingoing tenant will be responsible for the landlord's reasonable legal costs for the preparation of the lease.
Services - Mains water, electric & gas are available.
Application & Referencing - All prospective tenant will be subject to referencing.
Viewing - Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar).[use Contact Agent Button]
Agent Notes - CONSUMER PROTECTION LEGISLATION - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.
The prominent period building has accommodation over 4 floors plus basement on a busy thoroughfare leading from the railway station towards the city centre.
Location - The property is situated on Granby Street which is the main thoroughfare between Leicester Railway Station and the Highcross Shopping Centre. The area accommodates a mix of occupiers such as hot food outlets, estate agencies, café's, bars etc.
Terms & Rental (Assignment) - The current tenant intends to assign their lease which commenced on 20 December 2020 for a term of 10 years.
Current Rental: £18,000 per annum
Accommodation - The ground floor has been fully fitted to accommodate a modern hot food outlet. We understand the fitting will remain.
Ground Floor Hot Food Area Inc WC
47.2 sqm (approx 509 sqft)
First Floor
22.66 sqm (approx 244 sqft)
Second Floor
31.7 sqm (approx 342 sqft)
Third Floor
25.3 sqm (approx 273 sqft)
Basement
18.2 sqm (approx 196 sqft)
Planning - Planning permission was granted in December 2020 for a change of use from A1 (Retail) to A3/A5 (Restaurant/Takeaway). This included the installation of a shopfront and ventilation flue to the rear.
We would advise all interested parties to make their own enquiries and not solely rely on information we have provide
Rating Assessment - Rateable value is:
Basement & Ground Floor: £11,750
1st, 2nd & 3rd Floors: £3,500
Rates payable 2022/23
Basement & Ground Floor; £5,863.25
1st, 2nd & 3rd Floor: £1,746.50
Prospective tenants are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.
Energy Performance - EPC Rating - D
Vat - We understand VAT is not applicable.
Legal Costs - The ingoing tenant will be responsible for the landlord's reasonable legal costs for the preparation of the lease.
Services - Mains water, electric & gas are available.
Application & Referencing - All prospective tenant will be subject to referencing.
Viewing - Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar).[use Contact Agent Button]
Agent Notes - CONSUMER PROTECTION LEGISLATION - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.
Property information from this agent
About this agent
Readings is a growing estate agency based in Leicester. With a heritage going back to 1935 we formed in January 2011 as the result of a merger of two companies, Readings Hope and Mann LLP and Peter James Estates. If you are looking for estate agents in Leicester, we offer exceptional customer service and attention to detail across all services we offer. This means that more and more satisfied customers choose to use and recommend us throughout Leicestershire and further afield. Letting Agents Leicester We have considerable experience in letting properties across Leicestershire and are one of the largest independent letting agents in Leicester. As members of ARLA, you can rest assured that you are dealing with a reputable lettings company. We offer letting agent services for both residential and commercial property and currently have a wide range of properties to let. Houses for Sale in Leicester Readings offer houses for sale in Leicester and Leicestershire. We have a large selection of properties to suit all budgets and needs with houses for sale ranging from investment opportunities to grand family homes, so whether property size, location or style is your priority, we’ll have the property to suit your requirements. Estate Agency Services As industry recognized estate agents, we offer several services besides simply selling and buying houses. These include Estate Agency sales, Lettings and Property Management, Surveys, Valuations, Auctions, Landlord advice and many other property services. We are members of The National Association of Estate Agents (NAEA), Royal Institution of Chartered Surveyors (RICS) and the Association of Residential Letting Agents (ARLA). You can rest assured that whichever of our estate agency services you are using, the staff are highly experienced and knowledgeable- you will receive the highest level of care and advice. Readings are also members of The Property Ombudsman (TPO) and we adhere to strict codes of conduct and practice for your peace of mind. If you are looking for an estate agent in Leicester who will deal with your enquiry efficiently and skillfully to ensure the best outcome for you, contact Readings today on the phone number displayed or press the Contact Agent button.