Summary - 10 WOOD STREET EARL SHILTON LEICESTER LE9 7ND
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold property with a 19-year lease remaining
- Currently generating rental income of £13,520 per annum
- Established takeaway business with a small yet efficient interior (681 sq ft)
- Excellent location in Earl Shilton’s town center, close to local amenities
- Ground floor layout consists of a servery, kitchen, preparation area, store, and WC, plus additional storage on the first floor
**Potential Concerns:**
- Mortgage lenders may refuse financing due to the short nature of the lease term
- Property requires modernization and has an overall dated interior
- Crime rate in the area is above average and the locality is classified as deprived
**Summary:**
Ideal for investors seeking a long-term income opportunity, this compact freehold takeaway property, located in the bustling heart of Earl Shilton, offers an annual rental return of £13,520, with 19 years remaining on the lease. Spanning 681 sq ft, the space consists of a well-established hot food takeaway, featuring a servery, kitchen, and storage areas, making it an excellent investment for those interested in the food retail sector. While the property boasts a prime location surrounded by local shops and schools, it's important to note that the interior is in need of modernization. Additionally, potential buyers should be aware that a higher crime rate in the area may impact desirability. With a 3-year rent review pattern ensuring rental growth potential, this property is a must-see for ambitious investors looking for future flexibility in renovations or property use. Seize this opportunity before it’s gone!
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