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Property for sale

Abbey Car Centre, 15 Layton Road, Humberstone, Leicester, LE5

£25,000

Property Description

Key features

  • Sale of Business - Car Sales
  • B2 General Industrial/Sui Generis Use
  • 4,202 Sqft (390 sqm)
  • 70 Car Parking Spaces approx
  • Showroom, Car Sales
  • OFFERS: £25,000 + Stock at Value

Full description



We are pleased to offer this industrial unit with substantial car parking, currently operating as a car sales premises located on Layton Road, a busy and thriving area just off the A47 Uppingham Road. The property comprises of an industrial unit currently comprising showroom with sales office, a workshop, and substantial car parking on a front forecourt, enclosed compound area and car park at the entrance to the site. In addition, the property benefits from three phase electric supply and the business is available by way of the existing lease, together with fixtures and fittings and goodwill.

Directions

The premises are ideally located off A47 Uppingham Road, a highly desirable residential/commercial mix area with good bus routes into Leicester City Centre. From the A6 London Road, the property is best approached by heading into the city centre by the A594, merging with the A47 Humberstone Road (which eventually merges with Uppingham Road). Then, after approximately 1 and a half miles turn left onto Layton Road, where the property can be easily identified as 'Abbey Car Centre' on the right hand side.

Accommodation

All measurements are approximate:

Ground Floor Industrial Units:

Unit 15: 2,688 sqft (250 sqm) - used for car sales (14 cars approx)

Total GIA: 4,202 sqft (390 sqm)

Outside:

The property benefits from forecourt parking for approximately 16 cars, an enclosed compound for approximately 18 cars and also a car park at the entrance to the whole site for approximately 13 cars.

Services:

Mains services are connected to the property. We understand that the units benefit from three phase electric supply, water meters but no gas supply. The services, fittings and appliances have not been tested by the selling agents.

Rating Assessment:

Address: 15 Layton Road
Charging Authority: Leicester City Council
Description: Factory & Premises
Rateable Value: £10,000
Rates Payable (approx): £4,800
Period: 2015/16

We understand that the premises benefits from small business rate relief. Please make your own enquiries in respect of the rating liability accordingly.

Price:

We are seeking offers in the region of £39,950 for the premium for the lease, fixtures and fittings, and goodwill with stock at the date of valuation.

Lease:

The lease is a 15 year lease from October 2015 at a total rental of £10,500 pa exc. on a full repairing and insuring basis with 5 yearly rent reviews and no tenant break clauses.

Lease Rental Breakdown:

Unit 15: £10,500 pax.

Building Insurance:

We understand that this is £700.00 per annum per unit.

VAT:

We understand that VAT is not applicable on the purchase price or on the rent payable within the lease.

Legal Costs:

Each party to be responsible for paying their own legal costs.

Energy Performance Certificate

To be made available for inspection upon request.

Viewing

By appointment through the sole selling agent.

Disclaimer

Important Information:

All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Shonki Brothers Ltd or its employees or agents.

Neither Shonki Brothers Ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.

The premises detailed in these particulars are offered subject to them not having been let, sold or withdrawn and Shonki Brothers Ltd will accept no liability for consequential loss arising from these particulars or any negotiations in relation thereto.

Health & Safety:

You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.

Listing History

Added on Rightmove:
16 July 2016

Map & Street View

Disclaimer - Property reference LE50PU25000. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Shonki Brothers Ltd, 55 London Road, Leicester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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