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COMMERCIAL

248 Loughborough Road, Belgrave, Leicester, LE4 5LH

Guide Price
£290,000
Kal Sangra Shonki Brothers, Leicester - Auctions
PROPERTY TYPE

Commercial Property

SIZE

2,077 sq ft

193 sq m

Key features

  • COMMERCIAL INVESTMENT
  • GUIDE PRICE: £290,000 - £300,000 PLUS VAT

Description

For Sale by Public Auction on 17/09/2025

Location:
The property is located on the corner of Elmdale Street and near to the junction of Checkets Road.

Description:
A corner plot of approximately 0.25 acres with a large single storey office of approximately 1,403 sqft with air conditioning and gas central heating, a car wash bay of approximately 728 sqft and vehicle display forecourt. The site is currently let to Enterprise Rent-A-Car UK Limited.

Accommodation:
Office:
Large reception office, office, kitchen, 2 stores, WC.
GIA: 1,403 sqft (130 sqm)

Car Wash Bay:
GIA: 728 sqft (68 sqm)

Total GIA: 2,131 sqft (198 sqm) approx.



Note
VAT is payable on the rent and purchase price.
Can be purchased as a TOGC.

Tenure
Freehold, subject to existing lease.
Let on a 16 year FRI lease with 3 year rent reviews from 01.12.2013 at a current passing rent of £22,140 plus VAT pax. The next rent review 01.12.2025 is RPI capped.

Outside:
Front and side large forecourt.

Solicitors
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB
Tel: ~ Ref; J Speed

Brochures

Legal Documents

248 Loughborough Road, Belgrave, Leicester, LE4 5LH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station1.8 miles
  • Syston Station3.0 miles

About Kal Sangra Shonki Brothers, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

Welcome to the SHONKI BROTHERS ESTATE AGENTS Website

Established in 1966, Shonki Brothers, the first Asian Estate Agents in England, have been providing service to the public for more than 30 years, which from humble beginnings can now claim to offer a service to Vendors and Purchasers which is second to none.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 306926. 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 Kal Sangra Shonki Brothers, 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.

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 Kal Sangra Shonki Brothers, Leicester - Auctions on 0116 216 5653.

*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.”

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