30-32 Granby Street Leicester Leicestershire LE1 1DE

  • 30-32 Granby Street<br>Leicester<br>Leicestershire<br>LE1 1DE

30-32 Granby Street
Leicester
Leicestershire
LE1 1DE

Substantial City Centre Freehold Retail and Residential Investment

  • Substantial property totalling approx. 1,611 sq. m. (17,344 sq. ft.)
  • Ground floor & basement let to Lear Food and Beverage Ltd (t/a &KITH)
  • Coffee shop/restaurant lease expires February 2035 (subject to option)
  • x 27 separately accessed residential flats above; all fully let on AST's
  • Central location close to several other restaurants & bars and a 7 minute walk to Leicester Railway Station
  • Nearby occupiers include San Carlo Restaurant, Tesco Express, Boots the Chemist, Nando's and The Curve Theatre
  • Lot
    15
  • Auction
    30th October 2025
  • Rent
    £310,260 per Annum
  • Status
    Sold
  • Price
    £2,895,000
  • Auction Venue
    Live Streamed Auction
  • On Instruction of Receivers
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Substantial City Centre Freehold Retail and Residential Investment

  • Substantial property totalling approx. 1,611 sq. m. (17,344 sq. ft.)
  • Ground floor & basement let to Lear Food and Beverage Ltd (t/a &KITH)
  • Coffee shop/restaurant lease expires February 2035 (subject to option)
  • x 27 separately accessed residential flats above; all fully let on AST's
  • Central location close to several other restaurants & bars and a 7 minute walk to Leicester Railway Station
  • Nearby occupiers include San Carlo Restaurant, Tesco Express, Boots the Chemist, Nando's and The Curve Theatre
  • Lot 15
  • Auction 30th October 2025
  • Rent £310,260 per Annum
  • Status Sold
  • Price £2,895,000
  • Sector
    Retail, Residential
  • Auction Venue
    Live Streamed Auction
  • On Instruction of Receivers

Property Information

Location
Miles
23 miles south of Nottingham, 35 miles north-east of Birmingham
Roads
M1, M69, A6, A50, A47
Rail
Leicester Railway Station (1 hour 8 mins to London St Pancras International)
Air
Nottingham East Midlands Airport
Situation

Granby Street forms one of the main pedestrian routes leading into Leicester City Centre from the railway station. The property is situated on the north side of Granby Street with nearby retailers including San Carlo Restaurant, Tesco Express, Boots the Chemist, Nando's and several restaurants and bars, as well as The Curve Theatre.



Tenure

Freehold.

Location
Miles
23 miles south of Nottingham, 35 miles north-east of Birmingham
Roads
M1, M69, A6, A50, A47
Rail
Leicester Railway Station (1 hour 8 mins to London St Pancras International)
Air
Nottingham East Midlands Airport
Situation

Granby Street forms one of the main pedestrian routes leading into Leicester City Centre from the railway station. The property is situated on the north side of Granby Street with nearby retailers including San Carlo Restaurant, Tesco Express, Boots the Chemist, Nando's and several restaurants and bars, as well as The Curve Theatre.



Tenure

Freehold.

Description

The property comprises a substantial 5-storey building with a coffee shop/restaurant on the ground floor & basement, 27 separately accessed residential flats (17x studios, 5x 1 bed, 2x 2 bed & 3x 3 bed) arranged on the four upper floors. The flats are accessed via a separate entrance on Granby Street.

VAT

VAT may be payable on this lot - please see Special Conditions of Sale.

Note

This property is being marketed for sale on behalf of Receivers and therefore no warranties, representations or guarantees are given or will be given by the Receivers or the Auctioneers in respect of the information in these particulars or any matter relating to the property, including VAT. Any information provided is provided without liability on the part of the Receivers and Auctioneers for any reliance placed on it. The Receivers are acting without personal liability and are not bound to accept the highest or any offer.

Viewings

Viewings for this property are on request - please contact David.Margolis@acuitus.co.uk t07930 484440

EPC

The EPC's will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial 5-storey building with a coffee shop/restaurant on the ground floor & basement, 27 separately accessed residential flats (17x studios, 5x 1 bed, 2x 2 bed & 3x 3 bed) arranged on the four upper floors. The flats are accessed via a separate entrance on Granby Street.

VAT

VAT may be payable on this lot - please see Special Conditions of Sale.

Note

This property is being marketed for sale on behalf of Receivers and therefore no warranties, representations or guarantees are given or will be given by the Receivers or the Auctioneers in respect of the information in these particulars or any matter relating to the property, including VAT. Any information provided is provided without liability on the part of the Receivers and Auctioneers for any reliance placed on it. The Receivers are acting without personal liability and are not bound to accept the highest or any offer.

Viewings

Viewings for this property are on request - please contact David.Margolis@acuitus.co.uk t07930 484440

EPC

The EPC's will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx. sq. m.		 Floor Areas
Approx. sq. ft.		 Tenant Term Rent pa Rent Review
Ground/Basement Retail/Ancillary
632
(6,812)
 LEAR FOOD AND BEVERAGE LTD
with a personal guarantee		 15 years from 05/02/2020 (1)
£45,000
05/02/2030
First to Fourth Floors Residential
17x studio
5x 1 bed
2x 2 bed
3x 3 bed
978
(10,532)
 VARIOUS INDIVIDUALS 27 flats let on various AST's all commencing from 2023 to 2025. Rents range from £624 pcm. to £1,625 pcm. - please see legal pack for full schedule of tenancies.
£265,260
-
Total  
1,610
(17,344)
    
£310,260
  

(1) The lease is subject to a tenant only break option on 05/02/2030.

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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Archie MartineArchie Martine +44 (0)20 7034 4858 +44 (0)7377 803 408archie.martine@acuitus.co.uk
Seller's Solicitors
Spector Constant & Williams 4th Floor, 75 Wells Street
London
W1T 3QH
Roger Coral 020 7269 5120roger.coral@scwlegal.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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