Eagle Star House 9-11 Friar Ln

The property comprises an attractive character brick building, constructed in 1894 which occupies a 0.094 acre (0.038 ha) plot in the heart of the Old Town, on the corner of Friar Lane and Grey Friars. The property extends to approximately 15,028 sq ft (1,396.1 sq m) NIA inclusive of basement. Floor plans with accompanying accommodation schedules are available within the data room. The existing office accommodation is arranged across 5 floors from ground to fourth floor level. The property benefits from prior approval for the retention of the ground floor as commercial (E class) and for the conversion of the upper floors to 18 no. residential apartments providing 16 one-bedroom apartments and 2 two-bedroom apartments. Each floor is accessible using the single main staircase or passenger lift with WC facilities available on each floor and kitchens on the basement and fourth floor levels. The building has retained numerous original features and also benefits from a small courtyard.
The property currently benefits from prior approval, granted at Appeal on 6 th September 2024, permitting the retention of the ground floor for Class E use, with residential apartments proposed within the upper floors. The planning policy for the area is included within the City of Leicester Local Plan (adopted Jan 2006) and the Core Strategy (adopted Jul 2014). A new local plan for 2020-2036 is currently under independent examination. The building is situated in a Conservation Area.
The property is to be sold freehold in its current condition. The property is sold subject to all third party rights, easements and statutory designations currently passing. Prospective purchasers must make their own enquiries in this regard.