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3 Store, Leicester


Call for price
23 Gallowtree Gate, Leicester, Leicestershire, LE1 5AD

Basic Facts

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
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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.

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