ADDRESS4 Bell Street, Lutterworth, Leicestershire, LE17 4DW
TYPERetail, General Retail, Retail - High Street
TENUREFor Sale Leasehold
POSTED ON9th January 2023
Description
Lutterworth is a market town located in Leicestershire. The property is 13 miles south of Leicester city centre with easy access on the M1 motorway and 30 miles east of Birmingham city centre accessible by the M6 and A5. The property is in the centre of Lutterworth with small retailers in the surrounding area and 2 minuet walk to Waitrose and Morrisons.
The subject property is on a parade of four shops arranged over ground and first floor. The ground floor comprises a main sales hall with meeting rooms, storage and office. The first floor contains a large storage area, staff room, separate staff kitchen and two W/C's. There is also an area at the back of the property for parking and access to the property.
Ground 653 sq ft First 417 sq ft Total 1,070 sq ft
Long Leasehold - expiring November 2020. Alternatively a sub-lease may be considered on terms to be agreed.
Alternatively a sub-lease may be considered at a rate of £15,000 per annum.
£100,000 for the long leasehold interest.
We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £12,250.00 and the rates payable are £6,112.75 pa. The UBR for 2022/2023 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
Long Leasehold Retail Premises Class E
The EPC has been commissioned and will be available shortly.
