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9-11 Cheapside, Leicester LE1 5EB & 1-5 Cank Street, Leicester, LE1 5GX
£1,425,000
9-11 Cheapside, Leicester LE1 5EB & 1-5 Cank Street, Leicester, LE1 5GX
£1,425,000
Our Summary
- For Sale by Public Auction on23/07/2025Location:The property is located in the city centre, within a pedestrianised area between the entrance to Highcross Shopping Centre and the former Leicester Market which is undergoing major redevelopment
Description
This property is located in the city centre, within a pedestrianized area between Highcross Shopping Centre and the former Leicester Market, which is undergoing redevelopment. The property is a substantial 3-storey building, comprising two ground-floor retail units and four self-contained flats above, each with three ensuite bedrooms, a communal lounge/kitchen, and shared laundry facilities. The property is freehold, subject to two existing leases and 12 assured shorthold tenancies, which will be included in the legal pack. Note that VAT is applicable on the commercial elements, and the commercial elements can be purchased as a turnover-based lease. The landlord pays for the electricity to the residential flats.