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208 Sandhills Avenue, Hamilton, Leicester, Leicestershire, LE5 1PL

Offers in Excess of
£750,000

£142.31 per sq ft

Business rates & charges may apply

Eddisons Commercial Limited, Leicester
SIZE AVAILABLE

5,270 sq ft

490 sq m

SECTOR

Commercial property for sale

Key features

  • Virtual freehold day nursery investment
  • Gross rental income of £57,857.14 per annum
  • 5 yearly rent reviews, RPI index linked, capped at 4%
  • 7.36% net initial yield assuming 4.82% purchaser costs
  • Rating: E-108
  • The property is let to Shining Stars Day Nursery Limited (11243477) on an effective fully repairing and insuring lease for a term of 15 years (unbroken) from 23rd July 2019.

Description

The property comprises a two-story premises which forms part of a substantial neighbourhood parade which has been arranged over four storeys and comprises six retail units and fifty-one apartments. The building is of steel frame construction with brick elevations beneath a pitched roof. The floor is constructed in solid concrete throughout.
Internally, the premises has been laid out to provide a day nursery over two floors together with welfare facilities and ancillary storage. The premises has the benefit of an HVAC system providing heating and cooling, carpet floor covering and gas central heating.
Externally, the premises has the benefit of car parking and an enclosed garden.

Brochures

208 Sandhills Avenue, Hamilton, Leicester, Leicestershire, LE5 1PL

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Syston Station2.4 miles
  • Leicester Station3.1 miles
  • Sileby Station5.2 miles

About Eddisons Commercial Limited, Leicester

Unit 2 Harcourt Way, Meridian Business Park, Leicester, LE19 1WP

Leading commercial property agents in the sale and letting of office, industrial and retail property, plus development and investment opportunities.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3023427FH. 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 Eddisons Commercial Limited, Leicester. 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.

Map data ©OpenStreetMap contributors.

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