Large ground floor corner retail shop, formerly occupied by William Hill. This prominent retail premises offer an excellent trading opportunity.
The premises is situated on the busy A47 Uppingham Road, east of Leicester city centre. Uppingham Road accommodates a variety of users with well known occupiers such as Iceland Foods, Wilkinsons, Lloyds TSB, Papa Johns, Dominoes Pizza within close proximity,
Terms & Rental
£21,500 per annum
A new full repair and insuring lease to be granted for a term of years to be agreed. A 3 month rent deposit will be required.
The premises has been fitted out as a betting office with a partitioned counter and staff facilities. We have based our measurements on Gross Internal area.
Retail area: 144 sm (1550 sf)
Rear Stores: 24 sm (258 sf)
Total Area: 148 sm (1,808 sf)
Taking in to consideration the previous user (Betting Office), we understand the current planning use as stated on Leicester City Councils Planning Portal, falls under A2 (Financial Services), however the Planning Department would not have an objection for it to revert back to an A1 retail use.
We would advise all interested parties to make their own enquiries and not solely rely on information we have provided.
Rateable value is: £15,500
Rates payable 2020/21: £TBC
Prospective tenants are required to confirm rates payable with the local authority and make their own enquiries regarding small business rates relief.
EPC Rating - E
We understand VAT is not applicable.
The ingoing tenant will be responsible for the landlord's reasonable legal costs for the preparation of the lease.
Mains water and electric are available, Air conditioning has also been installed.
Application & Referencing
Individual / Sole Trader £150 plus VAT.
If Company, then a guarantor application will be required too. This will cost £250 plus VAT.
In addition two trade references are require
Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar). (0116) 2227575
CONSUMER PROTECTION LEGISLATION - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.