property
A superb development opportunity. Substantial former retail/storage premises arranged over the first and second floors of a handsome building located only 40 meters from the entrance to High Cross shopping centre.
Planning and change of use was granted in 2012, Ref 20110217 for conversion into 6 self-contained apartments with a communal access off Church Gate.
The planning give the opportunity to provide 4x two bedroom apartments and 2 one bedroom apartments.
Once converted the apartments could be sold on individually or be rented out within a very strong rental market. We would expect them to give a total rental income of approx. £38,000 per annum.
The property is well situated in Leicester City Centre, adjoining the High Cross shopping centre and cloe to the Clock Tower and St Margarets Bus Station.
More information regarding planning permission can be found at - www.leicester.gov.uk/planning.
Viewing details
By appointment with the auctioneers - 0116 254 9654
Development opportunity
Planning for 6 flats
4 x 2 bedroom & 2 x 1 bedroom
Superb investment
Next to High Cross shopping centre
