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LOGO Property Specialist

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£295,000PCM The Parade, Leicester, LE2

Description

£295,000PCM The Parade, Leicester, LE2

Platinum Homes are pleased to offer this exceptional property, compromising of a very spacious self contained flat on first floor and A1 Retail premises on ground floor. Both premises are rented to the same tenant who is very loyal and has been there for 6.5 years and has developed great business relationships. This property is a great hand off investment with little maintenance work required and has an excellent yield.

Current Rental income is £15,000.00 Per Annum for both combined the shop and the flat above. The lease for the shop is for 5 years, there is 2 years remaining on the lease which creates a good potential to conduct a rent review and increase the rental per annum by £18,000.00

The property is located on The Parade, of Harborough Road A6, a sought-after location. The property is 3 Miles away from the City Centre and Leicester Train Station. The Adjacent streets have well known businesses which are: Barclays Bank, Costa Coffee, Greggs and even Santander.

An EPC is available on request.


Features

Shops and amenities nearby, Gas central heating, Schools/Madrassah nearby, Double glazing, Fitted Kitchen, Close to public transport

EPC

No EPC chart found

For sale

Flat Above Shop
Studio bedroom(s)
0 bathroom(s)
0 receptions
Yes garden
Yes parking
0.00 sqm
N/A pets