GET STARTED NOW

Express Interest in this Property

3 Store, Leicester

23 Gallowtree Gate, Leicester, Leicestershire, LE1 5AD

Basic Facts

Property ID: 3898 Post Updated: 2019-06-24 10:41:41
Status: Type:
Tenure: Freehold Gross Rent: £ 65,000
Lease Term: 10 years from Mar '09 VAT applicable: Yes

Property Description

  • Shop arranged on the groud, basement, first, second and third floors
  • There is separate access to the first floor and upper floors via a staircase to the rear of the property

Location Description

The property is located in a prime retailing pitch on the pedestrianised Gallowtree Gate, diagonally opposite Marks & Spencer and adjacent to a newly opened Pret a Manger.

  • Nearby occupiers also include Boots the Chemist, Phones 4U, BHS, Primark, Poundland, 02, WH Smith and HSBC Bank.
  • Leicester is a busy town approximately 45 miles east of Birmingham and 38 miles north of Northampton, and is located just off Jct 21 of the M1 motorway.
  • It has an estimated district population of 509,000
  • ” style=”width:100%” cols=”20″ rows=”7″>

    • The property is located in a prime retailing pitch on the pedestrianised Gallowtree Gate, diagonally opposite Marks & Spencer and adjacent to a newly opened Pret a Manger.
    • Nearby occupiers also include Boots the Chemist, Phones 4U, BHS, Primark, Poundland, 02, WH Smith and HSBC Bank.
    • Leicester is a busy town approximately 45 miles east of Birmingham and 38 miles north of Northampton, and is located just off Jct 21 of the M1 motorway.
    • It has an estimated district population of 509,000

    Additional Notes

    £65,000 will be deducted from the purchase price to compensate for the reduced rent between 22/05/2014 and 22/05/2016 that was negotiated between the current vendor and the tenant in order to remove the May ’14 break clause and rent review.

    ” style=”width:100%” cols=”20″ rows=”7″>

    • £65,000 will be deducted from the purchase price to compensate for the reduced rent between 22/05/2014 and 22/05/2016 that was negotiated between the current vendor and the tenant in order to remove the May ’14 break clause and rent review.

    Features

    Blue-chip tenant
    Finance available
    Freehold

    View on Map

    Current Opportunities

    Current Opportunity

    Retail & HMO, Southall

    2-6 The Broadway, Southall, UK View on map
    6701 sq ft
    Call for price
    Current Opportunity

    Tesco Express, Twickenham

    246 Powder Mill Lane, Hounslow, UK View on map
    Gross Yield % 5.5
    4157 sq ft
    £ 2,300,000
    Current Opportunity

    Tesco, Shepherds Bush

    Tesco Express, 31 Uxbridge Rd, London W12 8LH, UK View on map
    Gross Yield % 5.5
    3800 sq ft
    £ 2,200,000
    Current Opportunity

    Vacant Retail Unit, Wokingham

    1 Beechey Place, Wokingham, UK View on map
    2530 sq ft
    £ 600,000
    Current Opportunity

    Domino’s, Colchester

    3 North Station Road, Colchester CO1 1RH, UK View on map
    Gross Yield % 6.1
    3500 sq ft
    £ 450,000
    Current Opportunity

    Swan Pub, Wimslow

    2 Buckingham Rd, Winslow, Buckingham MK18 3DY, UK View on map
    Gross Yield % 7.3
    2500 sq ft
    £ 450,000
    Current Opportunity

    Bathroom Shop & 8 Flats, Kenton

    142-144 Kenton Rd, Harrow HA3 8AZ, UK View on map
    8302 sq ft
    £ 2,500,000
    Current Opportunity

    Pizza Hut, St. Albans

    18 Beech Rd, St Albans AL3 5AS, UK View on map
    Gross Yield % 6
    1042 sq ft
    £ 440,000

    Specsavers, Savers & Comfort Sofa’s

    66 Boothferry Rd, Goole DN14 5BT, UK View on map
    Gross Yield % 7.9
    7586 sq ft
    £ 650,000
    Current Opportunity

    Newly Refurbished Warehouse & Offices, Sutton

    5 Sandiford Road, Sutton, SM3 9RN
    Gross Yield % 8
    11300 sq ft
    £ 2,000,000

    Boots & Flat, Chingford, Greater London

    9-11 Old Church Rd, Chingford Mount, London E4 6SJ, UK View on map
    Gross Yield % 5.8
    3792 sq ft
    Call for price
    Current Opportunity

    Co-op Food, Bermondsey

    Crimscott St, London SE1 5TE, UK View on map
    5326 sq ft
    £ 2,450,000

    Iceland, Houghton-Le-Spring

    15 Newbottle St, Houghton le Spring DH4 4AP, UK View on map
    1292.70 sq ft
    £ 1,300,000
    Current Opportunity

    Shop & 3 flats, Redhill

    3 Brighton Rd, Redhill RH1 6TW, UK View on map
    2595 sq ft
    £ 950,000

    Nail Salon, Stanmore, Greater London

    7A The Broadway, Stanmore HA7 4DA, UK View on map
    Gross Yield % 5
    692 sq ft
    £ 425,000
    4992 sq ft
    £ 3,800,000

    Bodycare, West Bromwich

    19 St James Pl, Mangotsfield, Bristol BS16 9JB, UK View on map
    3713 sq ft
    High Yield

    Mixed Parade (Card Factory, Greggs & Restaurant), Boscombe

    617 Christchurch Rd, Boscombe, Bournemouth BH1 4AP, UK View on map
    £ 875,000
    Current Opportunity

    Victorian Shopping Arcade, Walsall

    11 Lower Hall Ln, Walsall WS1 1RL, UK View on map
    Gross Yield % 12.2
    35724 sq ft
    Call for price