Unit 9a, Humberstone Gate, Leicester, LE1 1WA
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Let to Tesco Stores Ltd on a 15 year lease from June 2022
- Pedestrianised City Centre location
- Close to the Highcross and Haymarket Shopping Centres
- Investment Let at £65,000 p.a. (8.13% GIY on guide)
Description
StrapLine
Auction Sale - 01/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA convenience store investment let to Tesco Stores LTD on a 15 year lease from June 2022 at £65,000 p.a.
The property is situated in a prominent corner position on Humberstone Gate at its junction with Fox Lane, in the heart of Leicester city centre
Investment Let at £65,000 p.a.
Description
A prominent corner building comprising of a convenience store investment let to Tesco Stores LTD on a 15 year lease from June 2022 at £65,000 p.a.
Tesco stores Limited has been given a '5A2' D&B Rating and is owned by it parent company Tesco PLC
Location
The property is situated in a prominent corner position on pedestrianised Humberstone Gate at its junction with Charles Street, in the heart of the city centre. The property is in close proximity to the major 120 unit Highcross Centre, anchored by John Lewis, Debenhams and House of Fraser and adjacent to the Haymarket Shopping Centre. Other nearby occupiers include Primark, H&M, Marks & Spencer, Caffè Nero, Boots the Chemist, Pandora, Clarks and Superdrug.
Transport
Road: Good road links via the A6, A47, A563 AND M1. Approximately 30 miles south of Nottingham, 45 miles north-east of Birmingham.
Rail - Leicester Railway Station
Airport - East Midlands Airport
Tenancy
Let to Tesco Stores LTD on a 15 year lease from June 2022 at £65,000 p.a.
We understand the lease contains a tenant only break at 24/06/2032
With the next scheduled rent review being 24/06/2032
Accommodation
Ground Floor - Approximately - 4,208 sq ft (390 sq m)
Unit 9a, Humberstone Gate, Leicester, LE1 1WA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station0.4 miles
- South Wigston Station3.7 miles
- Syston Station4.5 miles
Notes
Disclaimer - Property reference 194-17179. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.
*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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