Land for sale
Site at 298B Melton Road, Rushey Mead, Leicester, LE4 7SL
- PROPERTY TYPE
Land
- SIZE
Ask agent
Key features
- LAND / INVESTMENT / POTENTIAL DEVELOPMENT
- GUIDE PRICE: £475,000 - £495,000 PLUS VAT
Description
Location:
The property is located on the corner of Lanesborough Road and opposite Soar Valley College.
Description:
A level site of approximately 0.48 acres currently used for storage of vehicles. The site is suitable for development subject to planning permission and a scheme for a drive through restaurant has been drawn up.
Planning:
Potential for development subject to planning.
Local Authority: Leicester City .
Tenure
Freehold, subject to existing lease.
A new 5 year lease has been agreed to commence 04.09.2025 with 3 yearly rent reviews and a tenant only break option at the end of the 3rd year with 6 months prior written notice at a rent of £29,000 plus VAT pax.
Solicitors
Murria Solicitors, Court Chambers, 180 Corporation Street, Birmingham B4 6UD
Tel: ~ Ref: A Kang
Brochures
Legal DocumentsSite at 298B Melton Road, Rushey Mead, Leicester, LE4 7SL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station2.1 miles
- Syston Station2.6 miles
- Sileby Station4.8 miles
Notes
Disclaimer - Property reference 325600. 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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