St. Nicholas Circle, Leicester

Asking price £150,000


21 Bedroom Hotel Leasehold in Leicester City Centre.

  • 21 Bedroom Hotel
  • Leicester City Centre
  • Very Recently Refurbished
  • Leasehold £125,000 p/a
  • High Occupancy Rates
  • New Long Lease Available
  • Supportive Landlord
  • Fabulous Feature Bar Area
  • Loyal Customer Base
  • Funding Available STS

Property Details

  • Reference: K200820L
  • Type: Hotel
  • Status: For Sale
  • Bedrooms: 21
  • Area: 5000sqft

Leicester is a city in the East Midlands of England, and the county town of Leicestershire which lies on the River Soar and close to the eastern end of the National Forest.
The 2016 mid year estimate of the population of the City was 348,300.
The location of this hotel is City Centre, with the ever popular Highcross Shopping Centre, Cinema and Restaurant Quarter 2 minutes away.
Leicester Railway Station is approx 0.75 miles, University of Leicester 1.0 miles and Leicester Royal Infirmary 0.5 miles.
The City Centre has had significant attention in recent years and has become one of the Regions main locations for shopping and employment since the major development of the Highcross shopping centre in 2008.

21 en suite letting bedrooms, recently upgraded from 16 rooms, adding 5 within the former function room space.
The entire hotel has been very recently refurbished to a high standard.
3 of the new rooms have a private balcony terrace area.
Wonderful Reception area leading to bar and stunning roof terrace.

Great occupancy rates providing a turnover we are told of £500,000 in the last 11 months including tricky Covid times.

Leasehold
Offers in the region of £150,000+VAT
Rent £125,000+VAT p/a.

An early discussion about finance can often save time and disappointment, talk to LLH Solutions about securing independent financial advice from one of our solution partners.

Strictly by appointment with the vendors sole selling agents. Tel: 01780 435072 Email info@llhsolutions.com You are recommended to contact us in the first instance prior to visiting the property even for an informal viewing.

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