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Page 1: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance
Page 2: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

ABOUT THE BUILDING

9 residential apartmentsFreehold ground rent investmentGround floor retail unit Further scope for development (STPP)

A City Centre Mixed UseFreehold Investment

& DevelopmentOpportunity

Page 3: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

Symetrical linesExpansive WindowsIntegrated cedar panel doors to commercial unit onthe ground floor.Cedar cladding blends with the galvanised steel onthe penthouse terraces.

ABOUT THE BUILDINGABOUT THE BUILDING

Situated in the bustling St George’s Cultural Quarter

and within walking distance of the award winning

Curve Theatre, this classically styled 1970’s building

offers a selection of one and two bedroom

apartments and three large rooftop penthouses.

The Hub has a urban chic style throughout, combing

clean lines and airy spaces with industrial and urban

mood enhanced by an amalgam of stone and

pre-cast concrete facades.

Page 4: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

HUBTHE

HUBTHE

YEOMAN STREET | LEICESTER

ABOUT THE BUILDING

The St George’s Cultural Quarter is perfectly located

for access to all areas of the city. Only a two minute

walk from the Internationally renowned Curve

Theatre and five minutes from the landlord

Highcross Shopping Centre anchored with blue chip

tenants such as John Lewis and Partners,

Debenhams, Zara and Apple.

ABOUT THE LOCATIONABOUT THE LOCATION

Page 5: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

ABOUT THE CITY ABOUT THE CITY

Further afield within ten-fifth teen minutes’ walk are

universities (University of Leicester and De Montfort

University) with 39,000 combined enrolled students.

Investment in City Centre has furthered the growth

of attracting employers including the regional base

for IBM and Mattioli Woods PLC.

ABOUT THE CITYABOUT THE CITY

Page 6: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

THE FLOORPLANSTHE FLOORPLANS

Currently used by the building owner as storage,

the ground floor accommodation expands to

approx. 200 square meters and presents an

opportunity for retail space subject to necessary

planning consents.

groundfloorplans

Page 7: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

THE FLOORPLANS THE FLOORPLANSTHE FLOORPLANS

1st, 2nd, 3rdfloorplans

1, 6 Metric ImperialKitchen 2.73m x 2.44m 10’6” x 8’10”Living Area 3.62m x 3.59m 11’10’’ x 11’10’’ Irregular shape room.Bedroom 3.62m x 2.78m 11’11’’ x 9’1’’

7 Kitchen area: 3.32m x 2.77m 10’11’’ x 9’1’’Living area: 3.60m x 5.25m 11’10’’ x 17’3’’Bedroom: 2.74m x 3.65m 9’0’’ x 12’0’’

3, 8Kitchen area: 3.50m x 2.48m 11’6’’ x 8’2’’Living area: 3.88m x 3.20m 12’9’’ x 10’6’’Bedroom one: 6.02m x 2.93m 19’9’’ x 9’7’’Bedroom two: 2.37m x 3.97m 7’9’’ x 13’0’’

14 Kitchen area: 3.12m x 2.66m 10’3’’ x 8’9’’Living area: 2.92m x 5.21m 9’7’’ x 17’1’’Bedroom: 6.02m x 2.93m 19’9’’ x 9’7’’

Kitchen area: 10

2.80m x 2.10m 9’2’’ x 6’11’’Irregular sharpe roomLiving area: 3.54m x 3.22m 11’7’’ x 10’7’’Bedroom: 6.02m x 2.93m 19’9’’ x 9’7’’

Page 8: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

THE FLOORPLANS THE FLOORPLANSTHE FLOORPLANS

penthousefloorplans

16 Kitchen area: 2.70m x 2.50m Living area: 3.90m x 5.35m Bedroom one: 2.70m x 2.70m Bedroom two: 2.45m x 3.70m

8’10’’ x 8’2’’12’10’’ x 17’7’’8’10’’ x 8’10’’ into wardrobe8’0’’ x 12’2’’

17 Kitchen area: 2.80m x 3.70m Living area: 3.45m x 5.50m

9’2’’ x 12’2’’11’4’’ x 18’1’’

Bedroom one: 2.70m x 3.60m Bedroom two: 2.30m x 3.60m

18 Kitchen area: 2.60m x 3.70m Living area: 5.20m x 6.20m Bedroom one: 3.00m x 3.10m Irregular sharpe roomBedroom two: 2.20m x 3.80m Irregular sharpe room

8’10’’ x 11’10’’ into wardrobe7’7’’x 11’10’’ into wardrobe

8’6’’ x 12’2’’17’1’’ x 20’4’’9’10’’ x 10’2’’ into wardrobe

7’3’’ x 12’6’’ into wardrobe

Page 9: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

ABOUT THE CITYABOUT THE CITY

Over the next 5 years, the East Midlandshousing market is forecast to grow 14%

Savilles UK Housing Market Update, 2017

8th Largest Population in the UKWorld Population Review 2018

508,916

Leicester to London St PancrasInternational in Just Over 1 Hour.

Page 10: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

■ ■ ■ ■

Communal Areas:Polished Porcelain tiles with decorative motives to entrancelobby and ground floor.Attractive tiling to main staircase and communal corridors.Lift to all floors.The maintenance and upkeep of the internal and externalcommunal areas are controlled by the managementcompany.

SPECIFICATIONS SPECIFICATIONS

KITCHEN:Kitchens in the Hub’s apartments are stylish, contemporary

and practical with laminate fl ooring.

Kitchen units have fl ush front style top cupboards with lighting underneath and base units, with steel handles.

Worktops are laminated and appliances integrated to enhance the room’s clean lines.

Appliances include:- ■ Electric oven and hob ■ Extractor ■ Fridge/freezer ■

Washer/dryer (dishwasher in penthouses).The single stainless steel inset sink and drainer with

chrome mixer tap provides the fi nishing touch.

BATHROOM/SHOWER ROOM:Bathroom/shower rooms are the epitome of urban chic!

Floors and walls are fully tiled in a variety of designer created ceramic tiles.

The designer white wash hand basin comes complete with chrome dual control monoblock basin mixer and pop up waste. The white close-coupled fl oor mounted WC has a

press button cistern and chrome accessories.The relaxing white Bristol bath includes an overhead

mounted thermostatically controlled shower with chrome accessories and there’s a practical glass and chrome

shower screen.

PENTHOUSES ONLY (SHOWER ROOM):The three penthouses include a separate shower room with

white resin stone shower tray and enclosure with glass/chrome screen and thermostatically controlled shower.

HEATING:mounted panel heating to all room areas with electric

chrome platedtowel rail to bathroom. Mains pressure fed electric storage

cylinder with timer

LIVING AREA:In the living spaces it’s the large UPVC windows complete with security locks which marry industrial styling with the

up to the minute apartment. Laminate fl oors and recessed chrome lights and fi ttings combine to provide a modish

backdrop for well chosen furniture and furnishings. There are television and telephone points and plenty of power

points.

FLOORING:Laminate fl ooring is utilised in halls, living rooms, bedrooms

and kitchens in variety of fi nishes – mahogany, oak or beech.

JOINERY:Skirting, architraves and door frames in round edged

MDF profi les are painted white. Entrance and internal doors are in hardwood laminate veneer. Doors to communal

areas are hardwood laminate veneered with glazed panelling. Handles are satin chrome plated with designer

lever handles.

Page 11: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

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SPECIFICATIONS SPECIFICATIONS

SECURITY:The Hub has a secure entrance lobby with a Fermax video

entry phone system and there are smoke alarms fi tted to all apartments.

BALCONIES: (PENTHOUSES ONLY)The three penthouse apartments feature large terraces with

decking – ideal for watching the world go by.

PARKING:There is allocated parking for the 3 penthouse apartments.

DIRECTIONSThe development is best approached by foot from

Leicester train station. Proceed towards the city centreon to Granby Street. Continue over the first set of traffic

lights but turning right at the second onto Halford Street.Cross over Charles Street into the St George’s Quarter

identified by the two neon feature lamp posts. Take thefirst turning on the left onto Yeoman Street, where the

development can be found three quarters down on theleft hand side. By car, Rutland Centre NCP Car Park is

located on the corner of Halford Street and Yeoman Street.

Page 12: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

9 apartments are sold subject to long leases (114 years

remaining). The remaining 9 apartments comprise of 4x

one bedroom and 5x two bedroom apartments.

The one bed apartments vary between 437 to 554 sqF

and two bedrooms vary between 695 to 883 sqF.

Each is let on an Assured Shorthold Tenancy and they

generate a combined income of £88,320pa (tenancy

agreements are available for inspection upon request).

There is scope for further development (STPP) for a

lightweight roof extension to create another floor of

residential space.

A lift services all floors and the building benefits

from secure gated parking for 5 vehicles accessed

via an undercroft from Yeoman Street.

The ground floor benefits from a commercial unit of

200 square metres, currently used as storage space

for the current freeholder, however, subject to

change of use has the potential to deliver a further

£32,000 income per annum.

theinvestment

THE INVESTMENT THE INVESTMENT

Page 13: A City Centre Mixed Use Freehold Investment & Development ... · ABOUT THE BUILDING ABOUT THE BUILDING Situated in the bustling St George’s Cultural Quarter and within walking distance

Residential Investments& Sales

T: 01162 960 940 E: [email protected]

oliverrayns.com W:

Oliver Rayns Ltd 115 Clarendon Park Road Clarendon Park Leicester LE2 3AH