Commercial property for sale in 243 Narborough Road, West End, Leicester, Leicestershire LE3, £300,000

300,000.00

Offer Nr.:
65846909
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Innes England
Phone(s):
0116 484 6470

* Freehold
* Located in a popular retailing destination
* Producing a current aggregate income of £19, 120 per annum with a possible increase to £23, 680 per annum, if income was maximised from the 3 bedrooms
* Purchase price subject to the occupational tenancies - £300, 000
The property comprises a traditional three - storey mid - terraced building of
solid red brick construction beneath a pitched slate roof, which has been
arranged to provide a retail unit on the ground floor with a 3 bedroomed self -
contained residential flat above. The front elevation at ground floor level
incorporates a flush fronted aluminium framed double glazed shop frontage
together with an individual access door, whilst the first floor is fitted with
a timber framed single glazed bay window and the second floor incorporates a
UPVC double glazed window.
Internally, the ground floor provides flexible retail accommodation which has
been suitably currently fitted out as a barber shop providing well appointed
sales accommodation to the front of the unit together with a kitchenette and
WC to the rear.
The upper floor residential accommodation is accessed separately through the
rear of the premises via a tunnel entrance to the side of the property and
then by way of an external staircase. This element has been configured to
provide an open plan living room / kitchen and two double bedrooms at first
floor level, whilst the second floor provides a double bedroom and bathroom.
Heating to this element is provided by way of a gas central heating system.

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