1-2 Newport Pl 696 SF Retail Building Leicester LE1 1PA £200,000 (£287.36/SF) 5.25% Net Initial Yield

Nestled in the vibrant heart of Leicester, Newport Place/Northampton Street nearby Granby Street presents an exceptional commercial freehold opportunity. This prime location on Northampton Street is ideally situated in the city centre, making it a highly sought-after spot for businesses looking to thrive or invest in prime property.
Currently, the property is occupied by a well-established restaurant, which comes complete with an alcohol license, adding significant value to this investment.
With an annual rent of £10,500, this property represents a lucrative investment opportunity for those looking to expand their property portfolio. The bustling city centre location guarantees high foot traffic, making it an attractive proposition for any potential buyer or investor.
This is a rare chance to acquire a commercial property in a prime location, with the added benefit of an existing tenant. For further details and to explore this opportunity, please do not hesitate to contact Set To Let Estate Agents.