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22 & 22A Humberstone Road, Leicester, LE5 0AR

Lot no: 19 Sold at Auction for £224,000
 

Guide Price £165,000+ plus fees


Thursday 27th April 2017

11.30am
Key Features
  • Freehold Investment
  • Ground Floor Shop
  • Duplex Apartment Above
  • Rental Income £13,500 per annum
  • EPC Rating: C & D
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Sold at Auction for £224,000

Mixed Use

Property Description:

A spacious three storey mixed use property located within Leicester City Centre on a busy through fare linking the ring road to Humberstone Gate. The property is located in a parade of commercial properties including supermarkets, restaurants, travel agents etc.

Ground and basement shop premises currently let as a beauty salon at a rent of £7,200 per annum.

Large, two bedroom duplex apartment arrange over the first and second floors currently let at £6,300 per annum.

Total Rental Income - £13,500 per annum giving a return of over 8%.

The property is in excellent condition throughout with good tenants and therefore represents an excellent investment property in a highly desirable location.

Ground Floor - Shop

Main Shop 10m x 3.6m
With large window to the front

Rear Lobby
With door to the rear yard.

Toilet
With low flush w.c. and wash hand basin.

Basement - Shop

Office
Large room temporarily split into three treatment rooms.

Apartment - First and Second Floor

Reception Hallway

Lounge 3.97m x 3.63m
With bow window to the front.

Dining Kitchen 3.73m x 2.62m
With a range of modern units, sink, oven, hob and hood and window to the rear.

Shower Room
With modern suite of double shower cubicle, wash basin, toilet and window to the side.

Landing

Bedroom 1 4.00m x 3.64m
With window to the front.

Bedroom 2 3.64m x 3.63m
With window to the rear.

Outside

To the rear of the property, there is an enclosed rear yard with gated access.

Tenure:

Freehold. Subject to tenancy.