Commercial property for sale
36 / 40 Cyprus Road, Leicester, LE2 8QS
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- Freehold two storey warehouse building
- Investment let at £81,600 per annum
- Approximate GIA 12,856 sq ft (1,194.39 sq n)
- Incluring a Garage / Store with a yard area and parking
- 15.5% Gross Yield on Guide
- By order of the LPA Receivers
Description
StrapLine
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold two storey warehouse building of approximately 12,856 sq ft incluring a Garage / Store with a yard area and parking.
Investment let at £81,600 per annum.
15.5% Gross Yield on Guide
Description
Two storey brick built workshop occupied as a boxing gym and dance studio. Red brick elevations set beneath a corrugated and flat roof. Adjoining gated garage / store and car yard.
Location
Situated to the south side of Cyprus Road, close to the junction with Saffron Lane.
A mixed commercial and residential area, approximately 2 miles to the south of Leicester City Centre.
Communications include the A563 ring road a short distance to the south providing a swift link to the M1 Motorway.
Aylestone Road Meadows Nature Reserve is to the west.
Transport
Leicester Station - National Rail
Tenancy
The entire premises are let to City of Leicester Lightning ABC on a 5 year lease from 1st February 2024 at a rental of £81,600 per annum. There is a personal guarantor to the lease.
Accommodation
The property has not been inspected by the auctioneers but is understood to comprise:
Ground floor Gym - 6,157 sq ft (572 sq m)
First floor dance hall - 6,072 sq ft (564 sq m)
Garage / store - 627 sq ft (58 sq
Total Gross External Area 12,856 sq ft (1,194 sq ft)
36 / 40 Cyprus Road, Leicester, LE2 8QS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Wigston Station1.5 miles
- Leicester Station2.1 miles
- Narborough Station3.4 miles
Notes
Disclaimer - Property reference 218-21279. 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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