a city centre mixed use freehold investment & development ... · about the building about the...
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ABOUT THE BUILDING
9 residential apartmentsFreehold ground rent investmentGround floor retail unit Further scope for development (STPP)
A City Centre Mixed UseFreehold Investment
& DevelopmentOpportunity
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.
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
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
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
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’’
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
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.
■ ■ ■ ■
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.
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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.
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
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