Block of flats for sale London Road, Leicester LE2

The property consists of a four storey building, with a ground floor commercial unit with a current usage classification of :A1 Shops - Shops, retail warehouses, hairdressers, undertakers, travel and ticket agencies, post offices, pet shops, sandwich bars, showrooms, domestic hire shops, dry cleaners, funeral directors and internet cafes.AndB1 Business - Offices (other than those that fall within A2), research and development of products and processes, light industry appropriate in a residential area.The building occupies a corner plot, with a double frontage looking onto London Road and De Montfort Street. The ground floor unit is currently a solicitors firm.The building sits in close proximity to the University of Leicester, the train station, local businesses and the city centre. The upper floors are luxury apartments, which are currently rented through a company let.Student Income of £68,200 pa.Commercial unit income - £16,000 paCombined gross of - £84,000 paGross Yield Over - 5%