Freehold former nightclub and gym with planning to be redeveloped into a 42 flat development with 2 retail units
The approved scheme will comprise 42 studio, one and two bedroom apartments together with two ground floor retail units.
The building’s historic facade will be retained, and a six-storey building erected featuring red brickwork in Flemish bond, stone textured render details and Juliette balconies with frameless glass balustrades, to complement the local vernacular and honour the 1920’s heritage.
The property is currently arranged on ground and two upper floors to provide a bar and nightclub with a manager’s office on the first floor and a self-contained former gym on part ground, first and second floors, which is currently arranged as a modern conference and banqueting hall
The nightclub comprises 11,420 sq. ft. and the gym, comprises 13,807 sq. ft.
There is parking for ca. 10 cars on site
Location Description
Leicester is one of the East Midlands’ major commercial centres, located adjacent to the M1 and M69 Motorways.
The city has a population of some 318,000 and has regular rail services to London and the north.
The property is situated on a corner position with an extensive frontage on to Humberstone Gate which runs from the ring road to the heart of Leicester city centre.
Humberstone Gate forms part of the town’s principal shopping centre area, and the property is within walking distance of Leicester Town Hall and Highcross Shopping Centre.
Occupiers close by include Sainsbury’s (adjacent), Subway, Primark and New Look.
Lee Circle car park which can accommodate over 1,000 cars is located towards the rear of the property
Additional Notes
There is potential to amend the planning for this site into student accommodation
Offers are sought for this property on an unconditional basis