2 bedroom commercial property for sale

Uppingham Road, Leicester, LE5 0QD

Guide Price* £175,000

Property Description

Full description

Tenure: Freehold

*For Sale by Auction on 14/12/2016 to be held at *

Description
Freehold. Ground floor offices with first floor self contained flat above situated amongst other retailers and established businesses.

Location
The property is situated on the main A47 Uppingham Road which is a busy through fare within a residential area.

Accommodation
Ground Floor Offices:
Reception area, office, store room, kitchen & WC.

First Floor Flat:
Separate access provided, landing, living room, bedroom, kitchen & shower room.

Second Floor:
Bedroom two.

Tenure
Freehold subject to existing tenancies. The ground floor is currently let however the tenant will be vacating in December 2016. The first floor flat is let on an Assured Shorthold Tenancy for a term of 12 months from 20th July 2016 at a rent of £550.00 per calendar month exclusive (£6,600.00 per annum).

The auctioneers feel that the estimated rental income of the ground floor would be £700.00 per calendar month exclusive (£8,400.00 per annum). Therefore the estimated full rental income would be £15,000.00 per annum.

Note
There is no VAT payable in respect of this Lot.
The completion date will be on or before eight weeks following exchange of contracts.

Energy Performance Certificate
EPC Rating E.

Solicitors
Equitas Law, 17 Wellington Street
Leicester, LE1 6HU
Tel: 0116 2755054 (Ref: Z.P)
Email: zaida@equitaslaw.com

*Please do not hesitate to contact our office on 0116 2557573 should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions*

NOTE: Properties can be purchased prior to Auction

Nearest stations

  • Leicester (1.2 mi)
  • Syston (3.7 mi)
  • South Wigston (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Shonki Brothers, Auctions

95 Narborough Road, Leicester, LE3 0PA

0116 255 7573 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 stations

  • Leicester (1.2 mi)
  • Syston (3.7 mi)
  • South Wigston (4.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Shonki Brothers, Auctions

95 Narborough Road, Leicester, LE3 0PA

0116 255 7573 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 55706. 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, Auctions. 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Shonki Brothers, Auctions on 01162 557573.


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