3 Store, Leicester
23 Gallowtree Gate, Leicester, Leicestershire, LE1 5ADBasic Facts
Property ID: 3898 | Post Updated: 2019-06-24 10:41:41 |
Status: Sold | Type: Retail - other |
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.
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- 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.
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- £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.