12-14 East Gates, Leicester, Leicestershire, LE1 4FB

12-14 East Gates, Leicester, Leicestershire, LE1 4FB

£975,000
Commercial
Sold
About this Property
2025-06-11
Sold
£975,000
Traditional
Commercial
£1,000,000
Description

Grade II Listed Freehold commercial shop investment located at 12-14 East Gates, Leicester, Leicestershire, LE1 4FB. The property is entirely let to TH UK & Ireland Limited (trading as Tim Hortons) on a lease expiring in 2029, with a 2025 break option not exercised and an outstanding 2024 rent review. It is arranged over 655 sqm (7,055 sqft) on ground, basement, and two upper floors. The property is situated in a city centre location adjacent to McDonald's and near Waterstones and TKMaxx. Rental value is £100,000, and VAT is applicable. Six weeks completion is available.

Location
12-14 East Gates, Leicester, Leicestershire, LE1 4FB
More Information
Freehold
East Gates
Planning Authority
Leicester LPA

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