Property Search

Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14

TEN RETAIL UNITS

TWO KOISKS

CITY CENTRE LOCATION

OPPOSITE CITY CENTRE OPEN MARKET

NINE RETAIL UNITS AND ONE KOISKS SUBJECT TO COMMERCIAL LEASES

ONE RETAIL UNIT AND ONE KOISK VACANT

PLANNING PERMISSION

RENTAL INCOME £110,000 PER ANNUM

Oadby Estates are pleased to present to the sales market a mid terrace four storey commercial building located on Market Place, Leicester. The property consists a former cinema auditorium and foyer and ten retail units and two kiosks known as the Odeon Arcade. The property is situated opposite the city centres open market and adjacent to the newly built indoor market which is all within walking distance to the city centre amenities and universities. Nine of the retail units and one kiosk subject to commercial leases and one kiosk and one retail unit are vacant. The Odeon Arcade has planning permission approved to convert the existing auditorium into 100 one bedroom units for student living accommodation. The rental income for the property is £110,000 per annum. Contact Oadby Estates on 0116 271 3600 for information or to arrange a viewing.

Arrange a Viewing
ACCOMODATION
 A mid terrace four storey commercial building which consists a former cinema auditorium and foyer also with ten retail units and two kiosks known as the Odeon Arcade.

  
LOCATION
 The property is situated opposite the city centres open market and adjacent to the newly built indoor market which is all within walking distance to the city centre amenities and universities.

  
SERVICES
 We are advised that all main services are connected but have not been tested by the Agent.

  
LEASE
 Freehold

  
ENERGY PERFORMANCE CERTIFICATE
 EPC's are available on request to all interested parties.

  
PLANNING PERMISSION
 The Odeon Arcade has planning permission approved to convert the existing auditorium into 100 one bedroom units for student living accommodation. Application Reference No: 20141671 http://rcweb.leicester.gov.uk/planning/onlinequery/Details.aspx?AppNo=20141671

  
RENTAL INCOME
 Rental income £110,000 per annum

  
VIEWING
 Viewing Arrangements are to be made through the Agents: OADBY ESTATES 5 Stoughton Road Oadby Leicester LE2 4DS Tel: 0116 271 36 00

  

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Afiliations