Summary - 184 FOSSE ROAD NORTH LEICESTER LE3 5ES
2 bed 1 bath Commercial Property
Freehold mixed-use unit with fitted takeaway and separately accessed flat.
Freehold mixed-use: takeaway shop and self-contained flat above
A rare freehold mixed-use opportunity on busy Fosse Road North offering immediate rental income from a fitted takeaway and a self-contained flat above. The ground-floor commercial unit is fitted for takeaway use with stainless steel counters, two prep areas, rear storage, WC and direct access to a paved yard and side access — practical for deliveries and waste. Separate access to the upper accommodation preserves privacy and flexibility between units.
The property is presented as a Victorian terraced building with characterful red-brick frontage and a bright shopfront that benefits from strong footfall and excellent transport links. Current combined rental income produces an approximate yield of 5.5%, making this attractive to small portfolio investors or owner-operators wanting an income stream while occupying or letting the other unit.
Buyers should note material considerations: the local area is classified as deprived with very high crime levels, and the plot and yard are small. There is conflicting information about the flat’s bedroom count (two versus three) — this must be confirmed. The business on the ground floor is available by separate negotiation, so sale of the freehold does not automatically include the trading business.
With scope to increase value through reconfiguration, refurbishment or alternative uses (subject to planning), this property suits investors prepared to manage an urban, high-footfall location and the operational realities of a takeaway unit in a mixed residential area.
Restaurant for sale in Fosse Road North, Leicester, LE3 — £310,000 • 1 bed • 1 bath • 1093 ft²
2 bedroom terraced house for sale in Fosse Road North, Leicester, LE3 — £325,000 • 2 bed • 1 bath • 1093 ft²
1 bedroom terraced house for sale in Welford Road, Leicester, LE2 — £325,000 • 1 bed • 1 bath • 868 ft²
Commercial property for sale in Melton Road, Leicester, LE4 — £385,000 • 1 bed • 1 bath • 925 ft²
Commercial property for sale in Hinckley Road, LEICESTER, LE3 — £350,000 • 2 bed • 2 bath • 1420 ft²
Light industrial facility for sale in 31-35 Knighton Lane, Leicester, LE2 8BG, LE2 — £425,000 • 1 bed • 1 bath • 2018 ft²
