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 Available
Guide* £150,000
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
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.
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.
