LEICESTER, 17-19 MARKET STREET, LE1 6DN
The premises benefit from a significant frontage on Market Street, the main pedestrianised thoroughfare leading into the prime city centre. Nearby retailers include RBS, McDonalds, Millington Travel, 200 Degrees, White Stuff and Fat Face.
The former Fenwick department store is being developed into a 111 bed apart-hotel with up to 6 x ground floor retail/leisure units.
The unit comprises a fully fitted bar/restaurant on ground and first floor levels, with basement stores and cellars and further storage and staff facilities on the second and third floors.
Ground Floor 4,003 sq ft 371.9 sq m
First Floor 2,781 sq ft 258.4 sq m
Second Floor 3,364 sq ft 312.5 sq m
Third Floor 1,156 sq ft 107.4 sq m
Basement 2,645 sq ft 245.8 sq m
The premises are held by a lease for a term of 20 years from 12th February 2018 being subject to rent reviews every 5 years.
Passing Rent £82,500 pa
Rateable Value £80,000
Interested parties are advised to make their own enquiries with the Local Authority.
The premises have the benefit of a Licence to serve alcohol restricted to Monday – Sunday 8.00am to 2.30am.
The property has an EPC rating of D (93). The certificate is available upon request.
United Kingdom, Leicestershire, Leicester, 17-19 Market Street, Leicester LE1 6DN