







Retail/Shop For Sale Leicester
PROPERTY ID: 140652
PROPERTY TYPE
Retail/Shop
STATUS
Under Offer
SIZE
16,207 sq.ft
Key Features
Property Details
The property occupies a prominent corner position fronting Friar Lane and Grey Friars, at the heart of Leicester's Old Town. The ground floor of the neighbouring dwellings comprise of a mix of food & beverage and retail users, with upper floors hosting residential accommodation in the majority. The premises are situated within a short walking distance of Loseby Lane & St Martins Square, two popular retailing and leisure locations within the city centre. Access to public transport links are good, with Leicester Railway Station approximately 0.5 miles to the south-east, and St Margaret's Bus Station equidistant to the north. Municipal parking is available on-street nearby and via the NCP at Vaughan Way and Newarke St car park via Welford Road, both within short walking distance.
The Property Comprises An Attractive Five-storey Victorian-era Character Premises Of Brick Construction, Built In 1894 And Surmounted By A Mansard Roof With Flat Roof Section To The Central Core. Primary Entrance Is Provided Via A Prominent Corner Personnel Doorway Fronting Friar Lane At It's Junction With Grey Friars In The Heart Of Leicester's Old Town. Internally, The Premises Benefits From A Number Of Character Features Including High Ceilings To All Floors, And Traditional Tall Sash Windows, Providing Good Levels Of Natural Light Throughout. The Ground Floor Offers A Sizeable Open-plan Sales Area In Addition To Fitted Demountable Partitioning Which Facilitates Staff Ancillary Areas And Private Offices, Removable To Create Additional Retail Area As Required. Access To The Upper Floors Is Provided Via A Central-core Staircase And Personnel Lift Which Facilitates Access To All Floors Including The Basement. The Upper Levels Comprise Of A Mix Of Open-plan And Cellular Office Accommodation, Fitted In-part With Non-structural Partitioning Allowing Reversion To Open-plan As Required. An External Staircase Is Provided To The Rear Centre Of The Building, Providing Emergency Exit Provision For All Floors. The Property Has Full Approval For The Retention Of The Ground Floor As A Commercial Use (class E) And For The Conversion Of The Upper Floors To 18 Residential Apartments To Include 16 One-bedrooms And 2 Two-bedrooms. Wc Facilities Are Provided To All Floors.