Commercial Property for sale

Pavilion Way, Loughborough, LE11 5GW

Guide Price* £400,000

Property Description

Key features

  • COMMERCIAL INVESTMENT / DEVELOPMENT

Full description

Tenure: Freehold

AVAILABLE: £425,000 For Sale by Public Auction on 27/06/2018

Location:
The unit is located within Castle Business Park which is located off Jubilee Drive in the main Belton Road Industrial Estate. Nearby occupiers include, B&Q, Screwfix and Sixt Car Hire.

Description:
A modern end terrace unit of approximately 4,133 sqft within a block of four. A mezzanine provides further ancillary accommodation. The property is currently used as a warehouse and benefits from chiller rooms, loading doors and ample car parking. Outline planning permission has been granted for development of 2 storey offices.

Accommodation:
Ground Floor:
Warehouse, chiller rooms.
GIA: 4,133 sqft (384.4 sqm) approx.

Mezzanine:
Storage.

Outside:
Car parking.

Planning:
Outline planning permission has been granted for development of detached 2 storey offices on the car park.
Planning Application No. P/18/0362/2 dated 24.05.18.
Local Authority: Charnwood Borough Council (01509) 634737.

Tenure
Freehold, subject to existing lease.
Let on a 10 year FRI lease from 12.04.12 at £25,000 pax, with a 5 year rent review and mutual break clause option in April 2020.

Energy Performance Certificate:
Pending.

Solicitors
Bond Adams, Richmond House, 94 London Road, Leicester LE2 0QS
Tel: (0116) 285 8080 ~ Ref: R Patel


Nearest stations

  • Loughborough (0.7 mi)
  • Barrow upon Soar (3.6 mi)
  • Sileby (5.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Shonki Brothers Ltd, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

0116 452 0393 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

  • Loughborough (0.7 mi)
  • Barrow upon Soar (3.6 mi)
  • Sileby (5.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Shonki Brothers Ltd, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

0116 452 0393 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 72542. 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, Leicester - 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

*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 Ltd, Leicester - Auctions on 01162 543373.


Map data OpenStreetMap contributors.