Semi-Commercial Property
Ground floor takeaway shop
Three-bedroom self-contained flat
High-yield investment potential
Freehold
BM Estates are delighted to offer this fantastic opportunity to acquire a semi-commercial freehold property situated in a highly prominent position on the bustling Fosse Road North, Leicester. The premises provide a rare chance to purchase a versatile mixed-use investment, combining a well-established ground floor commercial unit with a self-contained three-bedroom apartment above.
The ground floor is currently operating as a fish and chip takeaway (business available through separate negotiation) and features a bright and welcoming shop front with serving counter, two well-equipped kitchen and preparation areas, and a rear storage space with WC facilities. From here, there is direct access to a paved rear garden and useful side access, making it ideal for deliveries and storage.
Accessed separately, the first floor offers a spacious two-bedroom flat which is currently let. The accommodation comprises a lounge, two further bedrooms, and a fitted bathroom. The apartment benefits from mains gas, electricity, water and drainage, and is fully heated throughout, providing comfortable and practical living space.
This freehold property generates a combined commercial and residential rental income with an approximate yield of 5.5%. It also benefits from separate access for both units, ensuring privacy and flexibility for occupiers. Situated in a popular location with excellent footfall and strong transport links, the property presents an excellent opportunity for investors and landlords.
Externally, the property includes a paved rear yard with side access, offering further potential for deliveries, bin storage or development, subject to planning permission. With scope for future value enhancement, this is a superb opportunity to secure a mixed-use investment in a thriving part of Leicester.
IMPORTANT NOTICE FROM BM ESTATES
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.
