Summary - 1-3, BRAUNSTONE GATE LE3 5LH
1 bed 1 bath Leisure Facility
**Standout Features:**
- Prime inner-city location with prominent corner positioning
- Over 3,000 sq ft of versatile space suitable for leisure or retail
- Open-plan ground floor bar area with excellent natural light
- First floor includes additional bar space, offices, and utility rooms
- Loft area converted for staff accommodation
- Passing rent of £30,000 per annum with an unexpired term of approximately 5 years
- Excellent mobile signal and fast broadband speeds
- Within a vibrant, cosmopolitan area popular with students
**Potential Concerns:**
- Above-average crime rates in the area
- Property may require maintenance or renovation for residential conversion
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Discover an incredible opportunity in a bustling, cosmopolitan student neighborhood. This expansive Victorian commercial property showcases a prime corner location with significant return frontage, ideal for leveraging high footfall. Spanning over 3,000 sq ft, the property offers a spacious, open-plan bar venue on the ground floor that floods with natural light, complemented by a first floor with additional bar capacity and necessary utility spaces.
With a loft already converted for staff living, this property is ready to generate income, featuring a passing rent of £30,000 per annum with around 5 years left on the lease. The locale is filled with vibrant amenities, including shops, restaurants, and leisure facilities, making it attractive to both customers and tenants alike.
While the area does experience above-average crime rates, its appeal to student and young professional demographics enhances rental potential and community vibrancy. For those looking to invest in a market ripe with opportunity, this unique property combines character and functionality in a city known for its dynamic lifestyle. Don’t miss the chance to make this gem yours—properties like this are rarely available for long!
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