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99 & 99a Knighton Fields Road West, Leicester, LE2 6LH

£350,000

£162.49 per sq ft

Business rates & charges may apply

Andrew & Ashwell, Leicester
SIZE AVAILABLE

2,154 sq ft

200 sq m

SECTOR

Light industrial facility for sale

Key features

  • REDUCED PRICE
  • Three self-contained flats
  • Residential ERV: £21,000 PA
  • Gross ERV (Whole): £36,000 PA (10.3% GIY)
  • Forecourt parking

Description

The property comprises a mixed-use, semi-detached dwelling of brick construction comprising warehouse accommodation and residential premises.

To the left-side, a former joiners workshop of predominantly open-plan proportions with corrugated monopitch roof over offering heights of 3m - 3.8m with concrete flooring throughout, fluorescent-strip lighting, gas blower heater, and three-phase electrics. accessed via double doors to the front of the property. This section to be provided with vacant possession offering an ERV of approximately £15,000 PA exc.

To the right, entranceway to three independently serviced one-bedroom flats, one of which is currently let on an AST at a rent of £450 PCM with several months remaining, with the other two offering vacant possession. We envisage a true ERV of approx. £650 PCM per flat.

Externally, a block-paved forecourt provides parking for up to three vehicles.

Brochures

99 & 99a Knighton Fields Road West, Leicester, LE2 6LH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station1.5 miles
  • South Wigston Station2.0 miles
  • Narborough Station4.0 miles

About Andrew & Ashwell, Leicester

London Road, Leicester, LE2 0PD

Notes

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