Summary - Loughborough Road, Belgrave, Leicester LE4 5LR
1 bed 1 bath Not Specified
**Standout Features:**
- Rare investment opportunity in a prime location on Loughborough Road, Leicester
- Historic two-storey Victorian building with substantial renovation potential
- Spacious open-plan restaurant dining area, bar, and two fully equipped kitchens
- Existing premises license allowing operation until midnight (ground floor) and 1 AM (first floor)
- Large, prominent property suitable for redevelopment or partnership with neighboring properties
**Concerns:**
- Requires upgrading and renovation to maximize potential
- High local crime rate may be a concern for potential tenants and patrons
- The building is currently in a somewhat derelict state
Discover this rare investment opportunity with the iconic Flamingo Bar & Grill, a landmark freehold commercial property on the bustling Loughborough Road in Leicester’s LE4 area. Once an Edwardian pub, this two-storey venue boasts historical charm and significant potential for redevelopment, ideal for investors or developers looking to make their mark. The expansive layout features a welcoming lobby, large bar area, and a dining space that can accommodate 30-40 guests, with ample opportunity to enhance the guest experience further.
However, this property does require renovation, and its current condition reflects this need for investment. Importantly, the property is licensed for late-night operation, ensuring future flexibility in usage. Nestled among vibrant community amenities, this property stands out as a prime locale with exceptional future potential. Act now to explore the possibilities of this unique investment—viewings are by appointment only, and opportunities like this don’t come around often!
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