Sold

1 Millstone Lane

1 Millstone Lane, Leicester LE1 5JN
Ref: 5752360
Freehold£1,650,000

Contact Our Agent

Matt Hill
Matt HillSenior Business Agent – Hotels
Brochure

At a glance

  • Investment Sale
  • Close to student district
  • Bar (250) Games room (100)
  • Flat with three bedrooms
  • Beer garden
  • EPC Rating E
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Ref: 5752360

1 Millstone Lane

Description

It has a bar area to the ground floor (circa 250 capacity) and first floor room with additional bar and games room (circa 100), and there is a beer garden to the rear. There is also a commercial kitchen, cellars and a first floor manager flat incorporating three bedrooms. Site Area 0.116 acres Please click here to view the full sales brochure.

Location

Located in Leicester City Centre and close to the student district. The property sits on the corner of Pocklingtons Walk and Millstone Lane.

Occupational Format

The property is let on a 21 year lease subject to a Partial Tie, expiring 05/04/2036 subject to a five year rent review pattern. The current passing rent is £45,000 pa. Please refer to page 67 of the full sales brochure (link in description) for further details on the occupational agreement types

Trading Hours

Mon - Sun 12:00-04:00

Business Rates

The Rateable Value is £118,000 from 01 April 2023
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