Saffron Way, Leicester, Leicestershire, LE2

LOCATION
The property is situated on a busy industrial estate just off Saffron Lane which is one of the main arterial roues into Leicester City Centre (2½ miles) and is adjacent to the A563 Glenhills Way which provides direct access to the M1 (J21) 3 miles West.

DESCRIPTION
Modern end-terrace industrial unit of steel portal frame and insulated cladding over a half height brick and block wall with self contained secure yard with later flat roof extension.

The main unit has eaves of 15'6'' and 21'9'' to the ridge and a full height electric roller shutter there is a mezzanine providing half cover, the extension is flat roofed and has 7'10'' clearance and its' own electric roller shutter.

USE
We understand that the premises have an existing use for class E (formallyB1).

SERVICES
Mainswaterandelectricityareconnectedtothepropertyasismainsdrainage

TERMS
Property is available Freehold for £250,000.

LEGAL COSTS
The incoming Tenant will be required to discharge the Landlord's reasonable legal costs incurred in documenting a Lease, each party to bear their own costs in relation to a sale.

VAT
We understand that the building is opted for tax and therefore VAT will be payable on the purchase price or rent.

UNREPRESENTED PARTIES
Lease negotiations are subject to the RICS Code for leasing business premises (1stedition, February2020). Unrepresented parties are recommended to obtain professional advice.

RATING ASSESSMENT
Rateable Value (2025): £12,000
Small Business UBR: £0.499
Est Rates Payable: £NIL

We believe the property qualifies for small business relief and no rates will be payable.

Rating information is provided for guidance only and interested parties should make their own enquiries with Leicester City Council