Status: Completed
Tenure: Freehold
Fantastic Empty Premise On a Main RoadFantastic Empty Premise On a Main RoadFantastic Empty Premise On a Main Road
Stock not available
£137,700 + SAV

Fantastic Empty Premise On a Main Road

Completed
  • Reference: 2967
  • Location: Leicester, Leicestershire
Hilton Smythe is delighted to welcome to the market this empty retail investment property. The store is currently fitted out for a ladies fashion retailers. The property was originally set up as a clothing store in 1980, and was very popular in the area.

Our client is now looking to sell this property as they own another store which they would like to focus more on. This premise would be perfect for a range of uses such as a newsagents, clothing store, shoe shop, accessories store and more.

The property is a great size and has a large front window perfect for eye catching displays. There is currently perimeter shelving fitted around the store, this could be removed if required. On the first floor are stock rooms however these rooms were originally used as accommodation. There is also a second floor which would have been bedrooms.

Accommodation could be something the new owner looks into. This could generated a good income. The stock that is currently in the store will not be available to the purchaser but all fixtures and fittings will be offered with the sale if the purchaser requires.

Hilton Smythe highly advise early viewing to avoid missing out on this profitable well priced business opportunity.

TENURE

We are advised the business is Freehold.
This empty retail investment property is located in Leicester, Leicestershire.

The property is situated in a retail parade on a main high street within a heavily populated part of Leicester. The retail parade consists of several businesses such as a newsagents, café, barbers and clothing stores. This is a fantastic location for a retail store as there is always a heavy amount of footfall and passing trade.

The area benefits from free on street parking which allows for customers to easily call in. The road on which the premise is located is a main cut through from the A6 to the A6030. Leicester town is just a short drive away and can easily be commuted using the public transport in the area. The nearest bus stop is just down the road from the property.
This is a good size shop with a large window display frontage, there is also central staircase leading to the 1st floor. All signage will be removed.

Inside the store is perimeter clothing racks (could be removed) there also other freestanding clothes rails (optional)
2 x curtained changing cubicles with mirrors.
Rear office area
Kitchen
w/c
Rear door with security grill that leads to the rear yard.

First Floor-
3 x stock rooms, one with wall racking unit
These rooms were originally accommodation which would have been a lounge, kitchen and bathroom but are now used as storage areas. This floor could be converted back to how it originally was.

Second Floor-
2 x rooms - originally 1 x double and 1 x single bedroom. Both of these rooms are currently used for storage.

The property is well secured with electric security shutters fitted at the front of the store. There is also a roller security grill on the front door.