Commercial property for sale
44-50 St. Ives Road, Leicester, LE4 9FN
- PROPERTY TYPE
Commercial Property
- SIZE
3,886 sq ft
361 sq m
Key features
- COMMERCIAL INVESTMENT
- GUIDE PRICE: £300,000 - £310,000
Description
Location:
The property is located off Barkby Road near to the junction of Fairfax Road.
Description:
A part single and part 2 storey detached unit of approximately 3,886 sqft on a site area of 0.55 acres with 2 storey offices, 2 separate outdoor sales pitch areas and a single storey vehicle repair workshop at the rear.
Accommodation:
Ground Floor:
Large reception, 3 offices, kitchenette, WC.
GIA: 805 sqft (75 sqm)
First Floor:
3 offices, kitchenette, WC.
GIA: 792 sqft (74 sqm)
Rear Single Storey Workshop (part not inspected/measured):
Body shop.
GIA: 1,214 sqft (113 sqm) - excluding unmeasured area.
Total GIA: 3,886 sqft (361 sqm) approx.
Outside:
Display Forecourt 1 (Left):
1,387 sqyds (12,486 sqft)
Display Forecourt 2 (Right):
2,185 sqyds (19,665 sqft).
Tenure
Freehold.
Originally let on a 10 year FRI lease from 10.09.2015 with 5 year rent reviews, at a passing rent of £23,700 pax.
The head tenant has sublet parts of the property on subleases, all leases have expired.
The head tenant and sub-tenants remain in occupation.
Energy Performance Certificate:
Rating 62, Band C.
Solicitors
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB
Tel: ~ Ref: J Speed
Brochures
Legal Documents44-50 St. Ives Road, Leicester, LE4 9FN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station2.1 miles
- Syston Station2.7 miles
Notes
Disclaimer - Property reference 324520. 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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