Keightley Road, Leicester

LOCATION
The property is located on Keightley Road and can be accessed via Groby road and New Parks Way. Located within 4 miles of Leicester City Centre and with great access links onto A50, M1, M69.

DESCRIPTION
A semi-detached retail property with full planning permission for three residential flats.

The approved plans include converting the first floor from post office storage and constructing a two-storey side extension along with dormer extensions at the front and rear, allowing for the creation of three residential flats: 2 x 1-bedroom flats and 1 x 3-bedroom flat (Class C3).

Internally, the property is laid out as a ground floor post office which has been trading for 20+ years with storage on the ground and first floor. The first floor consists of 3 separate rooms, bathroom and storage.

Externally, the property benefits of a side garage and side entrance leading into the rear garden. The property sits beneath a pitched concrete tiled roof.

This opportunity is ideal for investors or developers to add value and generate rental income from both the retail space and residential units.

SERVICES
We understand only electric and water mains services are connected to the property.

TERMS
Guide price of £285,000 for the freehold property subject to contract and new rental terms to be agreed on the retail unit.

The Post Office business is available by separate negotiation and is listed on the market for sale on a freehold or leasehold basis.

Two forms of ID and proof of funding will be required to satisfy AML checks.

OUTGOINGS
The current rateable value from 1st April 2023 - Present: £4,350 Source VOA

VAT
VAT may be payable at the prevailing rate.

LEGAL COSTS
Each party responsible for their own legal costs incurred in this transaction.

PARKING NOTES
There is parking directly outside the property.

PLANNING
Planning permission reference number: 20231799
Planning permission decision date: December 2023

Change of use of first floor from post office storage (Class E) to flats (1x1 Bed, 1x3 Bed ); construction of two storey extension at side; dormer extension at front and rear to create additional flat (1x1 Bed) (Class C3); alterations

OTHER
Important Information:
All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Reign Commercial ltd or its employees or agents.
Neither Reign Commercial ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.
Health & Safety:
You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.

VIEWING
Viewing is strictly through sole agents Reign and prior appointment only.