Queens Building, Rutland Street, Leicester, Leicestershire, LE1 1RE
A WELL LET COMMERCIAL INVESTMENT PROPERTY COMPRISING THE GROUND FLOOR OF AN HISTORIC BUILDING IN THE HEART OF LEICESTER'S CULTURAL QUARTER EXTENDING TO APPROXIMATELY 4,745 SQ FT (441 SQ M) AND CURRENTLY PRODUCING £60,000 P.A.
Tuesday, 14th July 2020 12:00pm
The property is the centerpiece of Leicester’s Cultural Quarter being a true representation of the regeneration of the area’s beautiful historic buildings balanced by the stunning Curve theatre directly opposite. Being in the heart of the Cultural Quarter the property is close to the Phoenix Digital Arts Centre and a wide variety of independent bars and restaurants. There is easy access to the city’s retail core, the railway and bus stations and ample car parking. The area is also developing as a hotbed for arts and media businesses many of whom grow from the LCB Depot incubator units on Rutland Street.
Virtual Freehold (999 years from 2020)
The property was restored from its dilapidated state in 2018 and fitted out to provide a high-class bar and restaurant for the former Queen Victoria Arts Club.
A staggering fit-out has created a beautiful ground floor restaurant/ bar/club with huge display windows overlooking the Curve theatre.
There is an equally well fitted bar/ restaurant area to the basement
Ground Floor 2,702 sq.ft.
Total 4,745 sq.ft.
The property is let by way of a new 10 year lease with no breaks at a rental of £60,000 pa exclusive. The lease is backed by both Personal and Company guarantors.
Andrew Brown: 020 8509 4470
For viewings please contact: Adam Burdett at Intali on 0116 3651111