Light Industrial for sale

Unit 5, Elizabethan Way, Lutterworth, Leicestershire

Sold STC 7,186 sq. ft. | £500,000

Property Description

Commercial information

  • 7,186 sq ft (667 sq m)

Key features

  • High quality industrial unit extending to approx 7,186 sq ft (667.60 sq m)
  • Available For Sale at 500,000
  • Available to let for 39,500 per annum
  • Comprehensively refurbished throughout
  • Ample parking and loading area
  • Electric roller shutter door
  • SAT NAV LE17 4ND

Full description

Industrial Unit 7,186 sq ft

Location - Unit 5 Elizabethan Way is located off Leicester Road (the A426) in Lutterworth. Lutterworth is a prime location for distribution and manufacturing with Magna Park located 1 mile away and home to some of the UK and Europe's leading companies including Toshiba, Asda, George, VOW and Primark. Magna Park has 29 different occupiers occupying over 8.3 million sq ft of space. Lutterworth Town Centre is within easy walking distance of the unit with comprehensive amenities including banks, Waitrose, Morrisons, restaurants and professional services. Lutterworth benefits from excellent transport links and the property is located within 1 mile of Junction 20 of the M1 and approximately 4 miles from Junction 1 of the M6. The A5, A14 and M69 are also within easy and convenient travelling distance.

Description - The property is an end of terrace industrial unit constructed of a steel portal frame with brick and block walls under a pitched asbestos roof. The roof has a minimum height of 4.43m. The property has recently undergone a comprehensive refurbishment throughout to include new warehouse floor, new UPVC windows to the front elevation in part, new UPVC entrance door, new suspended ceiling and lighting in first floor offices, new carpet throughout offices, redecorated and deep cleaned and a new boiler. The property further benefits from an electric roller-shutter door, heating to the warehouse area, 3-phase electricity and integral offices at the front of the property at ground and first floor levels with gas powered central heating in situ.
To the front of the building is a forecourt for parking and loading with further additional yard space available.

Accommodation - Floor Areas:
Warehouse/Production 5,644 sq ft/ 524.34 sq M
Ground Floor Offices746 sq ft/ 69.31 sq M
First Floor Offices 730 sq ft/ 67.82 sq M
Total Area 7,186 sq ft/ 667.60 sq M

Terms - The property is offered at a rent of £39,500 per annum. The property will be let by way of a full repairing and insuring lease with terms to be agreed between the parties. There is an opportunity to purchase the freehold with vacant possession at a price of £500,000.

Rates - We understand that the property has a Rateable Value of £23,750. At the current UBR of 0.497, this results in rates payable of approximately £11,804.
Interested parties are advised to make any enquiries with Harborough District Council on 01858 828282.

Epc - The property has an EPC rating of D. A copy of the certificate is available upon request.

Vat - The property is elected for VAT, All prices quoted are exclusive of VAT.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Rugby (6.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Wells McFarlane Commercial, Lutterworth

Devonshire House, 26 Bank Street, Lutterworth, LE17 4AG

01455 385149 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Rugby (6.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Wells McFarlane Commercial, Lutterworth

Devonshire House, 26 Bank Street, Lutterworth, LE17 4AG

01455 385149 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26439516. 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 Wells McFarlane Commercial, Lutterworth. 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.

Map data OpenStreetMap contributors.