Commercial property for sale
572 Melton Road, Thurmaston, Leicester, LE4 8BB
- PROPERTY TYPE
Commercial Property
- SIZE
8,342 sq ft
775 sq m
Key features
- COMMERCIAL INVESTMENT
- GUIDE PRICE: £320,000 - £330,000
Description
Location:
The property is located on the corner of Pinfold Road and near to the junction of Humberstone Lane.
Description:
A corner site of approximately 927 sqyds used as a car sales centre with car sales showroom of approximately 3,266 sqft and outdoor sales pitch area. To the side of the site there is a free-standing illuminated advertising hoarding.
Accommodation:
Showroom:
Large showroom, workshop, office, WC.
Total GIA: 3,266 sqft (303 sqm)
Outside:
Sales pitch area of 430 sqyds, front and side loading of 155 sqyds.
Tenure
Freehold, subject to existing occupation and lease.
The occupier currently pays a rent of £20,000 pax, paid on a monthly basis.
The hoarding is let on a 20 year lease from 24.11.2020 with 5 yearly rent reviews at a current passing rent of £9,000 pa increasing on 24.11.2030 to £10,125 pa and on 24.11.2035 to £11,390 pa.
Energy Performance Certificate:
Rating 91, Band D.
Solicitors
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB
Tel: ~ Ref: J Speed
Brochures
Legal Documents572 Melton Road, Thurmaston, Leicester, LE4 8BB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Syston Station1.7 miles
- Leicester Station3.0 miles
- Sileby Station4.0 miles
Notes
Disclaimer - Property reference 324587. 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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