3 High Street Syston Leicester Leicestershire LE7 1GP

3 High Street
Syston
Leicester
Leicestershire
LE7 1GP

Freehold Retail/Leisure Investment

Let to a micropub until November 2028 t/a Pharamacie Arms
Approx. 260.33 sq m (2,801 sq ft) over ground and first floors
2023 rent review not actioned and remains outstanding
Nearby occupiers include Costa, B&M Savers, The Food Warehouse and a mix of independent pubs, retailers and cafes

Lot
30
Auction
18th September 2025
Rent
£19,000 per Annum Exclusive
Status
Sold
Price
£249,000
Auction Venue
Live Streamed Auction
On Behalf of a Real Estate Investment Trust

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Freehold Retail/Leisure Investment

Let to a micropub until November 2028 t/a Pharamacie Arms
Approx. 260.33 sq m (2,801 sq ft) over ground and first floors
2023 rent review not actioned and remains outstanding
Nearby occupiers include Costa, B&M Savers, The Food Warehouse and a mix of independent pubs, retailers and cafes

Lot 30
Auction 18th September 2025
Rent £19,000 per Annum Exclusive
Status Sold
Price £249,000
Sector
High Street Retail, Leisure, Public House
Auction Venue
Live Streamed Auction
On Behalf of a Real Estate Investment Trust

Property Information

Location

Miles: 5 miles north east of Leicester, 18 miles south of Nottingham
Roads: A46, A607,
Rail: Syston Railway Station
Air: East Midlands Airport

Situation

Syston is a popular suburb 5 miles north east of Leicester. The property is prominently situated on the south side of High Street close to its junction with Melton Road, the primary retailing thoroughfare providing direct access from Syston to Leicester. Nearby occupiers include Costa, B&M Savers, The Food Warehouse and a mix of independent pubs, retailers and cafes.

Tenure

Freehold.

Location

Miles: 5 miles north east of Leicester, 18 miles south of Nottingham
Roads: A46, A607,
Rail: Syston Railway Station
Air: East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises a shop/micropub arranged over the ground and first floors.

The tenant is currently pursuing a planning application for change of use of the first floor to a restaurant.

VAT

VAT is applicable to this lot.

EPC

B34.

Description

The property comprises a shop/micropub arranged over the ground and first floors.

The tenant is currently pursuing a planning application for change of use of the first floor to a restaurant.

VAT

VAT is applicable to this lot.

EPC

B34.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
Ground First	Retail/Public House Ancillary	129.53 130.80	(1,394) (1,407)	PHARMACIE ARMS LIMITED with a personal guarantee t/a Pharmacie Arms	10 years from 15/11/2018 (1)	£19,000
Total		260.33	(2,801)			£19,000

(1) The 15th November 2023 rent review was not actioned and remains outstanding.
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.