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COMMERCIAL

Friar Lane, Leicester, Leicestershire

Guide Price
£300,000
Home Property Sales, Leicester
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • View, Bid & Buy
  • Online Bidding Available
  • Priced to Sell
  • Fixed Timescales for Exchange and Completion
  • Buy with Finance
  • BID ON ME

Description

Discover a remarkable commercial opportunity in the heart of Leicester's vibrant city centre. This leasehold property on Friar Lane, previously a successful restaurant, is perfectly positioned to elevate your business aspirations. Located on a prominent corner, it offers high visibility and excellent foot traffic, ideal for businesses looking to thrive in a bustling area known for its popular bars and restaurants offered to market for sale through the Modern
Method of Auction which is operated by iamsold Limited.


The property features a flexible layout with a welcoming entrance that opens into a spacious, open-plan area, ready to be tailored to your business needs. Two staircases lead to the lower level, which includes well-appointed offices, W/C facilities, a convenient storage room, and a functional kitchen. This design provides ample room for customer-facing operations as well as private administrative areas.

With an impressive 992 years remaining on the lease, this property ensures long-term security. Service charges, covering communal maintenance, are available on request, and VAT will apply to the final sale price.

This is a rare chance to establish your business in one of Leicester’s most dynamic commercial hubs.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service

Viewings are highly advised and are available by pre-arranged appointment only. Contact Home Property Sales & Lettings today to book your viewing.

Friar Lane, Leicester, Leicestershire

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station7.5 miles
  • South Wigston Station10.9 miles
  • Syston Station4.0 miles

About Home Property Sales, Leicester

Home Property Sales & Lettings 23 Meadvale Road Knighton Leicester LE2 3WN

The qualified and experienced agents at Home Property Sales know that Estate Agency isn't just about prices achieved; it's also about relationships. Established in 2021, we match our clients in The Midlands with properties that fit their lifestyle and budget.

We understand that buying or selling a home isn't just a business transaction, it's a whole new beginning. That's why we offer an extensive array of services, as well as the human touch, making the process as easy and hassle-free as possible. Contact us to get started today.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference HLE-80521006. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Home Property Sales, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Home Property Sales, Leicester on 0116 221 4139.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.

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