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2 bed terraced house
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Price History
Our Summary
- 5% yieldSeparate access for commercial and residential unitsPopular location with high footfall and excellent transport linksScope for future value enhancement or development (STPP)OutsideThe property also includes a rear paved yard with side access, useful for deliveries, bin storage or further development potential (subject to planning)
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Description
This substantial freehold property on Fosse Road North, Leicester, offers a unique investment opportunity with a well-established fish and chip shop on the ground floor and a self-contained one-bedroom apartment on the first floor. The shop, currently let and operating as a takeaway, features a bright and welcoming customer area, two kitchen/prep areas, and additional storage and WC facilities. The apartment, also let, offers a spacious lounge/bedroom, two further bedrooms, and a bathroom.
With a combined total floor area of approximately 101.6 sq. m, the property generates a rental income of around 5.5% and benefits from separate access for the commercial and residential units. The property's location on a busy road with high footfall and excellent transport links offers scope for future value enhancement or development, subject to planning permission. The rear yard provides additional storage or development potential.
Viewings are strictly by appointment through the sole agent.