95 Humberstone Gate, Leicester, Leicestershire, LE1 1WB

Property Information

Property description

The property comprises an attractive four storey corner building of solid brick construction beneath a pitched tiled roof supported on timber queen post trusses. The Humberstone Gate elevation comprises two double glazed shop fronts at ground level whilst the upper floors comprise ornate double glazed windows throughout. On the Rutland Street frontage there is a three-storey extension with vehicular access through the ground floor and being of brick construction under a flat felted roof.

Internally, the property is laid out to provide two retail units on the ground floor that are currently let. The upper floors have recently been converted to provide high end student residential accommodation to include 1 x 6 bed cluster and 2 x 8 bed cluster flats, all with en-suites.

The vehicular access way from Rutland Street leads to two steel fire escape staircases and also provides loading facilities to the rear of the retail units.
Located within the Cultural Quarter
High specification student accommodation with two ground floor restaurants
Current net rental income: £164,440 per annum
Purchase price £2m to show a gross yield of 8.22%.

EPC for 95 Humberstone Gate, Leicester, Leicestershire

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