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9-11 Cheapside, Leicester LE1 5EB & 1-5 Cank Street, Leicester, LE1 5GX

9-11 Cheapside, Leicester LE1 5EB & 1-5 Cank Street, Leicester, LE1 5GX

Mixed Use
About this Property
2025-09-17
Traditional
Mixed Use
Description

A substantial mostly 3 storey property of approximately 4,673 sqft (434.6 sqm). The property comprises of 2 ground floor retail units and 4 self contained flats above each with 3 ensuite bedrooms with communal lounge/kitchen and access to shared laundry facilities. .lot-table td {border: solid 1px grey; padding: 2px} TENANT ACCOMMODATION SQFT (SQM) EPC LEASE / TENANCY RENT £ PAX 9 Cheapside Clays Butcher Retail sales area, preparation room, basement for storage and ancillary space 1,129 (104.97) 113, E 5 year IRI lease from 25.03.2017 plus service charge 36,000 11 Cheapside Subway Realty Ltd Retail sales area, preparation room, WC 897 (83.4) 92, D 10 year lRI Lease from 30.01.2018 plus service charge 26,000 Current Commercial Income, VAT applicable on the commercial units 62,000 Market Square House, 5 Cank Street First Floor Flat 1 (rooms 4-6) 3 en-suite bedrooms, communal kitchen/lounge 60, D (for Flat 1 & 2) Flat 2 (rooms 1-3) 3 en-suite bedrooms, communal kitchen/lounge Second Floor Flat 3 (rooms 10-12) 3 en-suite bedrooms, communal kitchen/lounge Pending Flat 4 (rooms 7-9) 3 en-suite bedrooms, communal kitchen/lounge Pending Current Residential Income - Landlord pays for electrics 90,000 Total Gross Rental Income 152,000 Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Location
More Information
Not Specified
Cheapside
Planing Authority
Leicester LPA

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