20 Rutland Street, Leicester, LE1 1RD
The property is situated at the heart of Leicester’s Cultural Quarter and is close to the City’s retail core, the railway and bus stations, and there is a large, ugly NCP car park opposite.
The area is renowned for the arts. Apart from the Curve, the Phoenix Theatre and Makers Yard are close by. In addition, many arts and media businesses grow from the nearby LCB Depot.
The property comprises a self-contained ground floor office that was re-developed to the current tenant’s specification in 2020 and has an impressive frontage onto Rutland Street.
The pictures tell the story, but, it offers high-quality open plan office space to the ground floor with a meeting room, kitchen and WC to the basement.
The property extends 877 sq.ft. over ground floor and basement.
The current rateable value is £7,000 and the property benefits from small business relief.
The property is currently held under a 10-year lease from March 2020 at a rent of £10,900 pa.
Tenant only break and rent review on the fifth anniversary of the lease.
The unit is available by way of assignment of the current lease.