4117 sq. ft (382 m²)
Description
4117 sq ft total space
£30,000 per annum plus VAT
Tenure - Leasehold
Size - 4117 sq. ft - 382 sq. m
Price/Rent - £30,000 per annum
Business rates - Rateable value - £10,500
EPC - Commissioned
Availability - September 2026
VAT - Payable
Building insurance - Re-charged at cost - TBC
The space is located on the first floor of a 3 storey property and has recently been trading as an escape room business. The ground floor is occupied by the Cosy Club with the top floor as an office use.
Although the space is segregated into rooms for the current use, this could all be opened up, offering large windows to the front, side and rear elevations, providing a large open plan office space.
All uses considered STPP
Location - The property is located in the Centre of Leicester City close to St Nicholas Place and High Street, 2 minutes from the popular Highcross shopping centre, cinema and restaurant quarter. Points of interest locally include Leicester railway station, approx. 0.75 miles, university of Leicester 1.0 miles and the Royal Infirmary 0.5 miles,. The City Centre has had significant attention in recent years and has become one of the Regions main locations for shopping and employment since the major development of the Highcross shopping centre in 2008.
Accommodation - The offices are accessed via a shared front door leading to the upper floor spaces - with a total square footage of 4117, to include 2 w/c's. The space will require some fit out works following the previous use, whoever the landlord will contribute by way of a rent free period to be agreed.
Terms - The lease terms for the unit will be for a minimum period of 5 years, the initial passing rent will be £30,000 per annum plus VAT, with annual rental increases in line with RPI. 3 months rental deposit.
Landlords building insurance will be re-charged at cost at 25% of the whole building.
Leases will be on a fully repairing and insuring basis.
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