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One-bedroom mixed-use investment property

Leicester, LE4 - Get Access

1 bed 2 bath

Description

A freehold, mixed-use property situated in a highly desirable location on Leicester's Golden Mile. Offered for sale on behalf of receivers, the property comprises a ground floor shop premises, a rear studio apartment, and a one-bedroom apartment on the first floor. To the rear, there is an enclosed yard featuring a steel fire escape. The property is sold subject to existing tenancies and leases, with a combined current income reported to be £2,205 per calendar month, equating to £26,460 per annum. The ground floor shop premises is let at £1,100 per calendar month, offering a gross internal area of 52.46 square metres comprising a shop area, lobby, and WC. The studio flat is let at £430 per calendar month and includes a lounge/kitchen/bedroom and a shower room. The first-floor one-bedroom flat is let at £675 per calendar month and comprises a landing, lounge, kitchen, bedroom, and bathroom. This represents an ideal investment opportunity in a sought-after location.