No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£400,000
Reduced < 7 days

Property for sale

Friar Lane, Leicester, Leicestershire
Reduced
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Property
0 bed
0 bath

Property description & features

  • Tenure: Leasehold (992 years remaining)
  • 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
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.

Places of interest

    The qualified and experienced agents at Home Property Sales know that Estate Agency isn’t just about prices achieved; it’s also about relationships. Established in 2021, we match our clients in The Midlands with properties that fit their lifestyle and budget. We understand that buying or selling a home isn’t just a business transaction, it’s a whole new beginning. That’s why we offer an extensive array of services, as well as the human touch, making the process as easy and hassle-free as possible. Contact us to get started today.

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    *DISCLAIMER

    Property reference HLE-80521006. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Home Property Sales - Wigston.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.