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16 Granby St 1,827 SF Retail Condo Unit Offered at $535,368 in Leicester LE1 1DE
INVESTMENT HIGHLIGHTS
- Retail unit let to Robinsons Jewellers
- Good public transports links
- City Centre location
EXECUTIVE SUMMARY
The property is a mid-terraced property of brick construction under a slate roof with a wooden shop front and metal windows to the upper floors. The ground floor is used as a Jeweller’s Showroom and Offices. The premises are located on Granby Street close to its junction with Halford Street in the City Centre of Leicester. The adjoining properties are used for retail and restaurant purposes.
PROPERTY FACTS Under Contract
| Total Building Size | 3,094 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,174 SF |
| Property Subtype | Storefront | Year Built | 1958 |
| Building Class | B |
| Total Building Size | 3,094 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 1,174 SF |
| Year Built | 1958 |
AMENITIES
- Bus Line
- Security System
- Storage Space
1 UNIT AVAILABLE
Unit 16
| Unit Size | 1,827 SF | Tenure | Freehold |
| Price | $535,368 | Sale Status | Under Contract |
| Price Per SF | $293.03 | Cap Rate | 5.00% |
| Condo Use | Retail | NOI | $26,768.39 |
| Sale Type | Investment |
| Unit Size | 1,827 SF |
| Price | $535,368 |
| Price Per SF | $293.03 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Status | Under Contract |
| Cap Rate | 5.00% |
| NOI | $26,768.39 |
DESCRIPTION
The ground floor is let to A & M Robinson trading as:- Robinsons Jewellers on a lease of 5 years from 2014 at a rental of £20,000 per annum. The tenants are currently holding over and have occupied the premises for in excess of 15 years.
SALE NOTES
The freehold of the premises is available subject to the lease of the ground floor and basement at £400,000.
NEARBY MAJOR RETAILERS
Presented by
16 Granby St
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