Exceptional development opportunity
Former shop situated within a conservation area
Detailed planning approval to split into three units
Commercial premises and two residential properties
External courtyard with two proposed bike stores
Total floor area of approximately 2,000 square feet
Planning reference 23/00453/FUL
Sought-after and affluent suburb to the South of Leicester
EPC Rating E
Council Tax Band: C
General Description
The Location
The Property
The property provides a floor area of approximately 2,000 square feet and benefits from detailed planning approval to split the accommodation into three units: a Class E commercial premises with a kitchenette and WC, a one-bedroom terraced house (with a study), and a further two-bedroom apartment.
To the rear is an external courtyard measuring approximately 400 square feet, and there are two former stables proposed to become bike stores.
The property would suit several potential commercial and residential uses, and the permissions gained by the current owner are by no means restrictive to an eventual purchaser's needs. The property would make an excellent investment, and we estimate that should the conversion be carried out as per the current planning consent, a landlord should achieve up to £35,000 per annum in rental income.
Agents Note
Services
Property Information
EPC Rating E
Council Tax Band: C
Important Information
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18 Devonshire Square,
Loughborough,
Leicestershire,
LE11 3DT
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