Summary - 14, CANK STREET LE1 5GW
1 bed 1 bath Commercial Property
Freehold city-centre retail with glazed shopfront and good visibility
Current rental income £12,500 per annum from fitted tattoo studio
Net internal area 738 sq ft (68.56 sq m) including basement storage
Rear yard and side access; basement, kitchen and W.C. facilities
Close to Leicester Market; strong pedestrian footfall and amenities
Area classified as deprived with very high local crime rates
Small overall footprint; limited scope for large-scale expansion
Tenure/lease details not provided — buyer should verify title and lease
This compact city-centre freehold offers a ready-made retail/service investment in a busy pedestrian pocket just behind Silver Arcade. The property is arranged over ground and first floors with a basement, rear yard and glazed frontage, currently fitted out as a tattoo studio and producing a passing rent of £12,500 per annum.
Location is the main strength: close to Leicester Market, strong footfall, fast broadband and excellent mobile coverage. The building benefits from mains services, straightforward layout for continued service use, and clear external signage potential to maintain visibility to shoppers and visitors.
Notable drawbacks are factual and material: the surrounding area is classified as deprived with very high crime rates, which may affect tenant mix, insurance and footfall perceptions. The property footprint is small (738 sq ft) and the current tenancy/tenure details are limited, so purchasers should verify lease length, tenant covenant and tenure/title information before committing.
Overall this is a small, well-located freehold suited to an investor seeking an entry-level city-centre asset with immediate income and short-term re-let potential. It will suit buyers prepared to manage urban risks or to refurbish and reposition the unit for alternative retail or service operators.
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