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This property is situated on Belgrave Road, and occupies a prominent position within the popular Golden Mile. The area benefits from high footfall with a range of independent retailers, restaurants, jewellers and clothes shops nearby. Belgrave Road provides convenient access to Leicester City Centre with regular bus services to and from areas of Leicester, and Leicester Railway Station being approximately 1.1 miles away.
A part two-storey and part three-storey mixed-use property situated along Leicester’s popular Golden Mile, of approximately 3,233 sq ft (300 sq m). The ground floor is of approximately 2,446 sqft (227 sqm) and comprises a 70-seat restaurant area with a bar, commercial kitchen, WC facilities, a two-storey function hall with seating for 40 guests, and a cellar. The first and second floors comprise; an occupied three-bedroom flat. The property is fully let, producing an annual rental income of £39,000 per annum exclusive (PAX), offering an attractive investment opportunity.
All measurements are approximate: 139 Belgrave Road: Cellar: 248 sqft (23 sqm) Restaurant: 794 sqft (73.8 sqm) Kitchen: 351 sqft (32.7 sqm) WC: 151 sqft (14.1 sqm) Function room (2 Storey): 902 sqft (83.7 sqm) Total GIA: 2,446 SQFT (227 SQM) 139A: First Floor Lounge: 15' 4'' x 12' 4'' (4.67m x 3.76m) Kitchen: 13' 1'' x 6' 0'' (3.98m x 1.83m) WC: 5' 9'' x 2' 6'' (1.75m x 0.76m) Bedroom 1: 14' 4'' x 12' 1'' (4.37m x 3.68m) Second Floor Bedroom 2: 10' 2'' x 7' 4'' (3.10m x 2.23m) Bedroom 3: 15' 10'' x 12' 1'' (4.82m x 3.68m) Bathroom: 7' 9'' x 7' 5'' (2.36m x 2.26m) Total GIA: 787 SQFT (73.2 SQM) Total GIA: 3,233 SQFT (300 SQM)
£39,000 per annum exclusive.
£48,000 per annum exclusive.
Freehold, subject to existing tenancies. 139 Belgrave Road has been let on a 15-year FRI lease from 14/02/2019 at £30,000 pax, with a rent review due in February 2027. 139A Belgrave Road has been let on a 12-month AST from 01/01/2026 at £750 pcm (£9,000 pa). The rent is due to be increased to £1,000 pcm (£12,000 pa) on 01/11/2026.
139 – Band D (Rating 88) 139A – Band D (Rating 66)
The services, fittings and appliances (if any) have not been tested by the agents.
Leicester City Council.
Kal Sangra, Shonki Brothers Ltd 85 Granby Street, Leicester, LE1 6FB Tel: 0116 254 3373 Email: info@shonkibrothers.com