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Light Industrial to rent

Humberstone Road, Leicester

£30,000 pa| £2,500 pcm

Property Description

Key features

  • B2 Planning Approval
  • Prominent Position
  • 14 ft Eaves
  • Heated Throughout
  • Separate Offices
  • Close to City Centre
  • 30,000 Per Annum
  • 815 sq m (8,776 sq ft)

Full description

This is an excellent opportunity to lease engineering premises in a prominent position on the A47 and adjacent to the Inner Ring Road. The accommodation, which extends to 815.3 sq m (8,776 sq ft) has eaves heights of over 14 ft and large roller shutter doors. There is heating throughout. The premises are available by way of an assignment of an existing lease expiring in December 2017 although a longer term could be agreed subject to status and terms.

Situation - The property is situated on Humberstone Road in an area of mixed commercial and industrial uses lying to the north-east of Leicester City Centre.

Although fronting Humberstone Road, vehicular access is from Brougham Street. The property lies opposite St George's Retail Park close to the Inner Ring Road and within walking distance of the City Centre. Leicester mainline railway station is half a mile away and the premises are located on a regular bus route.
In the 2011 Census, the population of the Leicester City Council area was approximately 330,000, the highest in the East Midlands, with approximately 510,000 in the wider Leicester urban area. It is, therefore, the tenth largest city in the UK and Englands 11th largest urban area.

Leicester is situated adjacent to the M1 at its intersection with the M69 and, road communications are very good. The Midland Mainline Railway serves the city and the journey time to London St. Pancras is just over an hour. Furthermore, East Midlands Airport is approximately half an hours drive away.

Leicester is a cosmopolitan city with the largest ethnic population in the country with the majority of Asian origin.

There are two large universities, the University of Leicester and Leicester De Montfort with a combined population of approximately 30,000

Major employers include the two universities, Pepsico, Next Plc, Santander, Samworth Brothers, Crown Crest Group, Shoe Zone Group and Topps Tiles.

Leicester has a broad industrial and commercial base with nearly 25% of the population working in the manufacturing sector compared with a national average of 15%.

Directions - From the Inner Ring Road (A594), at St George's roundabout, take the A47 exit and immediately turn left onto Brunswick Street. Take the first left into Crafton Street East and then first left again into Brougham Street. The property lies 100 yards away on the left hand side as identified by our To Let board.

Description - The property comprises single storey industrial accommodation arranged in two bays together with an attached single storey office building.

The premises are of brick construction with pitched, insulation board-lined, profiled asbestos roofs and concrete floors. There are generously-sized roller shutter doors to each bay from a yard/loading area. There is a separate office area and internal works office office and WC's.

The internal eaves height is 4.35m (14ft 3 ins)

Accommodation - The property has the following gross internal floor areas which have been measured in accordance with the RICS Code of Measuring Practice.

Rear Bay 388.4 sq m (4,181 sq ft)
Front Bay 358.8 sq m (3,862 sq ft)
Offices 68.1 sq m (733 sq ft)

Lease - The property is held under a lease which, we understand, expires on 17th December 2017. A copy of the lease will be made available to interested parties.

Rent - £30,000 per annum exclusive.

Planning - The property has planning approval for B2 General Industrial use.

Business Rates - The property is described in the 2010 Rating List as Workshop and Premises with a Rateable Value of £24,500.

Services - The property is connected to main electricity, gas, water and drainage services and the accommodation is mostly heated by gas-fired space heaters.

The services and installations have not been tested by the agents and are assumed to be in working order. Prospective tenants should make their own enquiries.

Energy Performance Certificate - An EPC is in place with a rating of 93.

Costs - Each party is to be responsible for their own costs in respect of this transaction together with a 50% share of the Landlord's reasonable costs.

Viewing - Strictly by arrangement with the sole agents, Andrew Granger & Co. Please call Kevin Skipworth on 0116 2429938 or 07860 550282.


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