This property presents a noteworthy investment opportunity situated in the vibrant area of Fosse Road North, Leicester. The layout comprises a ground-floor commercial space currently operating as a fish and chip shop, alongside a separately accessed first-floor apartment. This arrangement not only offers immediate rental income but also potential for future enhancement or diversification.
The ground floor features an inviting customer area with a large shopfront and serving counter, providing excellent visibility and accessibility. Two well-sized kitchen and preparation zones ensure sufficient capacity for food operations, while additional storage and toilet facilities are located at the rear. The outdoor space includes a paved garden area with side access, which could be leveraged for deliveries or potentially expanded upon with appropriate permissions.
On the upper level, the self-contained apartment includes three bedrooms, making it suitable for tenants seeking comfortable living arrangements. Accessed through its own entrance, this spacious unit is fully equipped with essential utilities such as electricity, gas, water, and drainage—ensuring ease of management for any property owner.
With a combined rental income from both units that yields approximately 5.5%, this freehold property stands out in terms of investment potential. Its location benefits from significant foot traffic and convenient transport links, appealing to both commercial and residential tenants alike. Moreover, there is ample scope for renovation or redevelopment (subject to planning permission), allowing an owner to capitalize on value enhancement over time.
Overall, this unique property not only meets current market demand but also invites creative vision for future development opportunities in a thriving community setting.