5/5a High Street Syston Leicester Leicestershire LE7 1GP

5/5a High Street
Syston
Leicester
Leicestershire
LE7 1GP

Freehold Retail and Residential Investment

Shop let to Dry Cleaners & Laundry
Shop tenant holding over with lease renewal agreed (1)
Separately accessed one bed flat above let on a renewed AST
Approx. 150.62 sq m (1,620 sq ft) over ground and first floors
Nearby occupiers include Costa, B&M Savers, The Food Warehouse and a mix of independent pubs, retailers and cafes
VAT free investment

Lot
29
Auction
18th September 2025
Rent
£15,800 per Annum Exclusive
(1)
Status
Sold
Price
£249,000
Auction Venue
Live Streamed Auction
On Behalf of a Real Estate Investment Trust

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Freehold Retail and Residential Investment

Shop let to Dry Cleaners & Laundry
Shop tenant holding over with lease renewal agreed (1)
Separately accessed one bed flat above let on a renewed AST
Approx. 150.62 sq m (1,620 sq ft) over ground and first floors
Nearby occupiers include Costa, B&M Savers, The Food Warehouse and a mix of independent pubs, retailers and cafes
VAT free investment

Lot 29
Auction 18th September 2025
Rent £15,800 per Annum Exclusive (1)
Status Sold
Price £249,000
Sector
High Street Retail, Residential
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 ground floor shop together with a separately accessed one bed flat on the first floor.

VAT

VAT is not applicable to this lot.

EPC

Commercial - B50. Residential - E50.

Description

The property comprises a ground floor shop together with a separately accessed one bed flat on the first floor.

VAT

VAT is not applicable to this lot.

EPC

Commercial - B50. Residential - E50.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
Ground	Retail	72.62	(781)	INDIVIDUAL t/a Syston Dry Cleaners & Laundry	10 years from 01/10/2007 (lease renewal agreed)(1)	£11,000 (1)
First	Residential - 1 bed flat	78.00	(839)	INDIVIDUAL	12 month AST from 01/09/2025 at £400 pcm	£4,800
Total		150.62	(1,620)			£15,800

(1) The tenant is currently holding over. A new 5 year lease has now been agreed (but not yet completed) from 01/10/2025 at a commencing rent of £13,500 pa for the first 18 months, rising to £14,500 pa until the end of the third year, then subject to an open market rent review on the third anniversary of the term. The lease is subject to a tenant option to determine at the third anniversary of the term.
N.B. The commercial floor area stated above is that published by the Valuation Office Agency, the residential floor areas is from the EPC.

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.