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184 Fosse Rd N 799 SF Retail Building Leicester LE3 5ES $391,395 ($489.86/SF)
Investment Highlights
- Semi-Commercial Property
- two-bedroom self-contained flat
- Ground floor takeaway shop
- High-yield investment potential
Executive Summary
BM Estates are pleased to present this substantial semi-commercial freehold property on the bustling Fosse Road North, Leicester. This versatile mixed-use investment features a well-established ground floor fish and chip takeaway (with the business available through separate negotiation) and a self-contained two-bedroom apartment on the first floor, currently let.
The ground floor unit boasts a bright shop front, two kitchen and preparation areas, rear storage with WC, and access to a paved rear garden, ideal for deliveries. The spacious apartment offers a lounge, two bedrooms and a fitted bathroom, benefitting from gas, electricity, water, and drainage.
Generating a combined rental income with an approximate yield of 5.5%, the property benefits from separate access for both units, ensuring privacy. Located in a lively area with strong transport links, it presents an excellent opportunity for investors. Externally, a paved yard and side access provide further potential for storage or development, subject to planning permission. This is a superb chance to secure a mixed-use investment in a thriving part of Leicester.
The ground floor unit boasts a bright shop front, two kitchen and preparation areas, rear storage with WC, and access to a paved rear garden, ideal for deliveries. The spacious apartment offers a lounge, two bedrooms and a fitted bathroom, benefitting from gas, electricity, water, and drainage.
Generating a combined rental income with an approximate yield of 5.5%, the property benefits from separate access for both units, ensuring privacy. Located in a lively area with strong transport links, it presents an excellent opportunity for investors. Externally, a paved yard and side access provide further potential for storage or development, subject to planning permission. This is a superb chance to secure a mixed-use investment in a thriving part of Leicester.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
799 SF
Year Built
1979
Price
$391,395
Price Per SF
$489.86
Tenancy
Single
Building Height
2 Stories
Frontage
21’ on Fosse Rd
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chipstop
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chipstop | - | - | - | - |
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Nearby Major Retailers
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Presented by
Fraser Stretton
184 Fosse Rd N
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