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Spencers Druce Naylor Parkes have been the Managing Agents of our Commercial Properties for many years and we have always found them very efficient and reliable.  Our quarterly statements are promptly delivered and any queries are dealt with without delay and courteously.  The firm has a wide compass of expertise in all aspects of commercial properties and we would recommend the firm to others.

Leicester Real Property Company Ltd


37 St Nicholas Place, Leicester
£400,000

Images (1)
Under Offer
37 St Nicholas Place
ft2 5908
m2 549
Description
37-st-nicholas-place.pdf

LOCATION

The property is located on the City Centre side of St Nicholas Circle within the City Centre of Leicester on Jubilee Square.  The property is also close to the main retailing and leisure facilities of the City and is an established venue on the nightclub circuit of the City. 

DESCRIPTION

The property forms part of the nightclub premises only, the other section of the property is owned by the tenants of this section.  The section for sale is the 3 storey section which is of brick construction under a pitched tile roof with wooden single glazed windows and doors.  The accommodation consists of a nightclub on the ground, first and basement floors with ancillary accommodation on each floor.  The second floor is used for ancillary offices. 

ACCOMMODATION

 
Ground Floor approx. 137.30 m² 1,478 ft²
First Floor approx. 137.12 m² 1,476 ft²
Second Floor approx. 137.12 m² 1,476 ft²
Basement  approx. 137.30 m² 1,478 ft²
Total approx. 548.84 m² 5,908 ft²

SERVICES

We understand that mains electricity and drainage are connected to the premises.

 

ENERGY PERFORMANCE CERTIFICATE

 

An EPC has been applied for. 

RATES

The premises are assessed for business rates under the 2010 Rating List as follows:-

 

Description Rateable Value
Nightclub & Premises £49,750
   
Rates Payable approx. £24,726

 

This assessment will include the adjoining property excluded from the sale. 

TENURE

The property is currently let to Mosh Ltd for a term of 20 years from 25 November 2003 at a rental of £28,000 per annum exclusive on full repairing and insuring terms subject to 5 yearly upward only rent reviews. 

PRICE

Offers in the region of £400,000

37 St Nicholas Place
Leicester LE1 4LD
United Kingdom
Sale Type: Under Offer
Property Type: Investment
Agent
Agent


This e-mail address is being protected from spambots. You need JavaScript enabled to view it
0116 255 8888
Office Opening Hours are Monday to Friday 9.00am to 1.00pm and 2.00pm to 5.30pm
Details
ft2: 5908
m2: 549
37 St Nicholas Place
Leicester LE1 4LD
United Kingdom
Sale Type: Under Offer
Property Type: Investment
Agent
Agent


This e-mail address is being protected from spambots. You need JavaScript enabled to view it
0116 255 8888
Office Opening Hours are Monday to Friday 9.00am to 1.00pm and 2.00pm to 5.30pm
Request a Viewing

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37 St Nicholas Place
Leicester LE1 4LD
United Kingdom
Sale Type: Under Offer
Property Type: Investment
Agent
Agent


This e-mail address is being protected from spambots. You need JavaScript enabled to view it
0116 255 8888
Office Opening Hours are Monday to Friday 9.00am to 1.00pm and 2.00pm to 5.30pm
PROPERTY MISDESCRIPTIONS ACT 1991 All statements in the attached particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any Contract or Warranty. Unless specified to the contrary interested parties should note the following :- 1. All dimensions, distances and floor areas are approximate and given for guidance purposes only. 2. Information on Tenancies and Tenure has been provided to us in good faith by the Vendor/Lessor of the property. Prospective Purchasers/Lessees are strongly recommended to have this information verified by their Solicitors. 3. Information on Rating Assessments and Town and Country Planning Matters has been obtained by verbal enquiry only from the relevant Local Authorities. Prospective Purchasers/Lessees are recommended to obtain written confirmation prior to entering into any commitment to purchase/lease. 4. All information on the availability of mains services is based upon information supplied to us by the Vendor/Lessor. All statements regarding service installations including apparatus and fixtures and fittings do not warrant the condition or serviceability of the items referred to as no tests have been carried out prior to acquisition. 5. All prices and rents are quoted exclusive of Value Added Tax unless expressly stated to the contrary.
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Spencers Druce Naylor Parkes
19 De Montfort Street, Leicester, LE1 7GE
Tel: 0116 255 8888 | Fax: 0116 247 1462 | Email: info@spencersdruce.co.uk

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Registered in England and Wales. Company Registration No 5067653.  Spencers Druce Naylor Parkes is a trading company of MHNP Limited.