22-24 Halford Street, Leicester, LE1 1JB

  • £1,500,000
Leicester, Leicestershire, England, LE1 5YA, United Kingdom
For Sale Investment Available
22-24 Halford Street, Leicester, LE1 1JB
Leicester, Leicestershire, England, LE1 5YA, United Kingdom
  • £1,500,000

Description

City Centre Investment/Development Opportunity

Total Area 17,457 Sq Ft (1,621.77 Sq M)

Location :

The property has prominent frontage on the north west side of Halford Street, a one-way street in Leicester city centre, in-between its junctions with Free Lane and Gallowtree Gate. Halford Street lies within an established location of predominately professional service providers and comprises a number of national covenants namely Spencers Estate Agents, William H Brown, Your Move and Frank Innes.

More recently, there has been a significant development of the former BHS store that now provides a Flannels clothing shop and Everlast gym, fronting Halford Street and a Sports Direct store and USC store, fronting Gallowtree Gate.

As a result the property benefits from a wide variety of amenities located within a established city centre, whilst having the additional benefit of being in close proximity to the mainline railway station, Leicester’s inner ring road system, and being almost equidistant to Leicester’s two award winning Universities.

 

Description :

The property comprises an attractive five storey building with basement, terraced in design, built in solid brick construction beneath a flat mineral felt roof. The front elevation comprises two aluminium framed double access entrance doors at ground level, one providing separate access to the upper floors, and the other providing access to the retail accommodation and features a full height double glazed shop front. The upper floors comprise powder coated aluminium double glazed windows together with grey in-fill cladding.

Internally, the property has been laid out to provide flexible retail/office accommodation at ground level and comprises an open plan office/sales area, cellular offices, ancillary storage and welfare facilities. There are four further floors above that were previously used as offices, but more recently have been stripped out ready for conversion.

Externally, there is a small courtyard providing external storage which is accessed via the ground floor entrance lobby of no.22.

 

Property Highlights :

  • Total Area 17,457 Sq Ft (1,621.77 Sq M)
  • Planning consent granted for upper floors
  • Prominent city centre location
  • Freehold subject to existing tenancy
  • Retail unit producing £32,000 per annum exc
  • 10 Year Lease: Expiry May 2029
  • Price on Application

 

Planning :

The ground floor currently has authorised planning consent under Use Class E of the Town and Country Planning (Use Classes) (Amendments) (England) Regulations 2020. Planning consent has been grated by the local planning authority for the conversion of the upper floors to provide 4 x 5 bed student cluster flats under Use Class Suis Generis. Planning Application No. 20200551.

 

Property Documents

22-24 Halford Street-Leicester
  • City Leicester
  • State/county Leicestershire
  • Country United Kingdom

Contact Information

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Aman Verma

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Aman Verma
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