308sqft Commercial Premises
Francis Street, Leicester, Leicestershire
£6,750 (per annum)
Readings Property Group are pleased to bring to market this small ground floor retail shop located in the popular suburb of Stoneygate. The shop has a frontage onto Francis Street, which along with Allandale Road is home to a number of independent and niche businesses such as gift shops, coffee shops, bars, restaurants, fashion boutiques, hairdressers and estate agents.
The property is located on Francis Street, which is accessed via Allandale Road.
25.3 sqm (272 sf)
3.4 sqm (36 sf)
A new Internal Repair and Insuring lease to be agreed for a minimum term of 3 years at a commencing rental of £7,000 per annum exclusive.
A minimum three month deposit payable on signing of the lease.
The services, fittings and appliances (if any) have not been tested by the agents.
Each party to be responsible for their own legal costs.
Energy Performance Certificate
EPC Rating - Pending
Rateable value is £6,300
UBR (2018/19) 0.493
Estimated rates payable (2018/19) £3,105.90
New and small businesses are likely to be exempt from rates or granted a reduction.
Prospective tenants are required to confirm rates payable with the local authority and any questions regarding rates relief must be raised with the local authority.
Application & Reference
Individual / Sole Trader £150 plus VAT.
If Company, then a guarantor application will be required too. This will cost £250 plus VAT.
In addition two trade references are required.
Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar). (0116) 2227575
CONSUMER PROTECTION LEGISLATION - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.