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UNDER OFFER

15-23 Hotel Street, Leicester

£6,300,000

£149.17 per sq ft

Business rates & charges may apply

Innes England Ltd, Leicester
SIZE AVAILABLE

42,235 sq ft

3,924 sq m

SECTOR

Commercial property for sale

Key features

  • Total 42,235 sq ft
  • Site extends to approx 0.275 acres
  • Freehold price offers in excess of £6,300,000. A purchase at this level reflects an attractive gross initial yield of 10.89%, net initial yield of 8.02%.

Description

The property is an attractive 5 storey period building of traditional brick and stone construction with a modern rear extention added in the 1960s beneath a part pitched slate and part flat roof. The building comprises of five ground floor retail units and 39 apartments providing 90 beds (14 studios, 8 x 2 bed cluster apartments, 7 x 3 bed cluster apartments, 10 x 4 bed cluster apartments) above. The uppers floors were converted into high quality student accommodation in 2017.

Internally, the spacious rooms are finished to a high standard being appointed with a double bed, desk and built in wardrobe, kitchen or kitchenette with oven, electric hob, dishwasher, fridge freezer and washing machine/dryer with karndean or Amtico flooring throughout. All beds are ensuite fitted with a shower, WC, wash basin and heated towel rail.

On site facilities include:-

- Electric heating throughout with individual thermostatic controlled panel radiators
- Recessed Lighting throughout with intelligent motion sensor lighting in common areas
- All rooms ensuite
- Sprinklers to common parts with smoke detectors in common areas and rooms
- Two Schindler passenger lifts
- Intercom to front door
- WIFI
- Bike Store
- CCTV


Brochures

15-23 Hotel Street, Leicester

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.5 miles
  • South Wigston Station3.6 miles
  • Syston Station4.7 miles

About Innes England Ltd, Leicester

Peat House 1 Waterloo Way Leicester LE1 6LP

Innes England Ltd, Leicester

Innes England commercial property agency has offices in Nottingham, Derby and Leicester.

The region's leading commercial property agency managing sales, lettings, investments, disposals and acquisitions of all commercial property including office, retail and industrial. Expert teams provide additional asset management, consultancy, professional services and building consultancy.

Leicester Office

Innes England works with clients across the UK, with a special focus on

More properties from Innes England Ltd, Leicester

Notes

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Disclaimer - Property reference 8384FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Innes England Ltd, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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