Property Details


For Sale - Narborough Road, Leicester, LE3 - £38,000

Photo 3, Narborough Road, Leicester, LE3


BM Estates are very pleased to offer this substantial well established restaurant situated in the sought after location of Narborough Road also known as the most diverse road of Leicester. There are 222 shop units on Narborough Road. Researchers at the LSE found that the owners of those units come from 22 countries around the world. The price includes the goodwill of the restaurant business along with the fixtures and fittings.

Ground Floor:

Main Restaurant: 30'5" x 12'9" (9.30m x 3.96m) approx.
The ground floor of the property comprises a 30 seater restaurant with double glazed windows to the front elevation. The restaurant benefits from dipped inset spotlights, new internal LED fixtures, laminate flooring, dining tables and chairs. The rear of the restaurant leading to the W/C for customers.

Main Kitchen: 14'2" x 10'0" (4.35m x 3.05m)The kitchen is a professional fully equipped kitchen, benefitting from gas cookers, tandoori stoves and ovens, pizza machine, high spec flour mixing machines three large prep tables, two sinks, three freezers with refrigerators and a fire exit. W/C for staff

Price: £42,000

Weekly Takings: £2,000 - £3,000

Leasehold: 4 Years remaining or new lease is possible

Rent: £850pcm

Business Rates: No business rates

Purchasing Procedure - If you are interested in any of our properties then you should contact our offices at the earliest opportunity. We offer Independent Financial Advice and as part of our service we will ask our Mortgage Adviser to contact all potential purchasers and establish how they intend to fund their purchase.

If you are a cash purchaser then we will need confirmation of the availability of your funds.

Your home is at risk if you do not keep up re-payments on a mortgage or other loan secured on it.

Appraisals - If you have a house to sell then we offer a Free Valuation, without obligation.

Surveys - BM Estates undertake all types of Valuations including R.I.C.S. Homebuyer Survey and Valuation Reports, Valuations for probate, capital gains and inheritance tax purposes and Insurance Valuations. For further information contact our Surveying Department on 0116 273 7748

Agents Notice -

1. Prospective purchasers / tenants should note that no statement in these details is to be relied upon as representation of fact and prospective purchasers / tenants should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained. These particulars do not form part of any contract.
2. Please note that no appliances, services or installations have been tested and no guarantee as to condition or suitability is confirmed or implied. Prospective purchasers / tenants are advised to obtain verification from their surveyor or solicitor.
3. All measurements mentioned within these particulars are approximate.
No person in the employment of BM Estates has any authority to neither make or give any representation or warranty whatsoever in relation to this property or these particulars nor enter into any contract relating to the property on behalf of the vendors / lessors.

Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2018 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old). We will need this information before Solicitors are instructed.