1 Albion St
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1 Albion St
9,796 SF Retail Building Leicester LE1 6GD $1,134,462 ($116/SF)
Investment Highlights
- City Centre location
- Late night premises licence
- Good natural light throughout
- Residential conversion opportunity (STP)
- Good local transport links
Executive Summary
Most recently used as a bar and leisure facility, the basement, ground, and first floors have been fitted with modern fixtures, whilst retaining originality in highlighting structural pilasters, exposed brickwork, and sash windows to include a Diocletian to the third floor.
The second floor acts as storage / ancillary with several non-structural partitions throughout, removeable if required to create open-plan space. The third floor is entirely open-plan, save for a small washroom next to a fire escape that leads to an external metal staircase servicing all upper floors.
All floors benefit from a good source of natural light due to large, high windows, and high ceilings with clearance heights of circa 3.7m. Windows are provided to the North, East, and West elevations.
The title includes vehicular rights over an external area accessed beneath an entranceway via Albion Street, in addition to an external area to the north-west of the building suitable for bin storage or similar as required.
The second floor acts as storage / ancillary with several non-structural partitions throughout, removeable if required to create open-plan space. The third floor is entirely open-plan, save for a small washroom next to a fire escape that leads to an external metal staircase servicing all upper floors.
All floors benefit from a good source of natural light due to large, high windows, and high ceilings with clearance heights of circa 3.7m. Windows are provided to the North, East, and West elevations.
The title includes vehicular rights over an external area accessed beneath an entranceway via Albion Street, in addition to an external area to the north-west of the building suitable for bin storage or similar as required.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
9,796 SF
Building Class
B
Year Built
1880
Price
$1,134,462
Price Per SF
$116
Tenancy
Single
Building Height
5 Stories
Building FAR
2.81
Lot Size
0.08 AC
Frontage
42 FT on Albion St
Amenities
- Bus Line
- Security System
- Storage Space
Nearby Major Retailers
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