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COMMERCIAL

Elland Road, Braunstone, Leicester, LE3

Guide Price
£3,750,000
Fuller Gilbert & Co, South Kensington
PROPERTY TYPE

Commercial Property

SIZE

41,547 sq ft

3,860 sq m

Key features

  • Freehold
  • FRI Lease for 40 years Expiring 2047 with Single Tenant Break April 2032
  • Rent - £250,000 Per Annum Exclusive (£6.17 Per Sq Ft Overall)
  • Upward only Rent Review April 2012 and Every Five Years Thereafter
  • Purpose Built Warehouse & Distribution Centre - Approx 41,547 Sq Ft
  • Site Area Approx 1.95 Acres
  • Held in an SPV

Description

Aurum House is a substantial freehold head office and distribution centre of over 41,500 sq ft, strategically located within Braunstone Industrial Area, just minutes from the M1 (J21/21a) and M69 interchange. The property comprises a purpose-built warehouse with integrated three-storey offices, secure yard space and 96 car parking spaces, all on a 1.95-acre site. Let in its entirety to Watches of Switzerland Company Ltd on a 40-year FRI lease expiring in 2047 (tenant break in 2032), the investment produces a passing rent of £250,000 per annum with five-yearly upward-only rent reviews. This represents a rare opportunity to acquire a well-secured, long-income asset in a prime Midlands logistics and commercial location.

Aurum House is a substantial freehold head office and distribution centre of over 41,500 sq ft, strategically located within Braunstone Industrial Area, just minutes from the M1 (J21/21a) and M69 interchange.

The property comprises a purpose-built warehouse with integrated three-storey offices, secure yard space and 96 car parking spaces, all on a 1.95-acre site. Let in its entirety to Watches of Switzerland Company Ltd on a 40-year FRI lease expiring in 2047 (tenant break in 2032), the investment produces a passing rent of £250,000 per annum with five-yearly upward-only rent reviews.

This represents a rare opportunity to acquire a well-secured, long-income asset in a prime Midlands logistics and commercial location.

Leicester is the East Midlands’ second largest commercial centre, strategically positioned between Nottingham, Derby, and Coventry. The city benefits from excellent transport links, with the M1 (Junctions 21/21A) and M69 providing direct access to London, Birmingham, Leeds, and Coventry. Locally, the A6, A46 and other major trunk roads further enhance connectivity.

Leicester Railway Station offers fast services to London St Pancras (approx. 1h15), Nottingham (30 mins) and Birmingham New Street (1h). East Midlands Airport lies 20 miles to the north-west, with Birmingham International 30 miles to the south-west.

The property occupies a prime position within the Braunstone Industrial Area, around 4 miles west of Leicester city centre. It benefits from immediate access to the A46 and M1 (J21A), and is surrounded by established occupiers including Big Bear, Co-op Distribution, Oadby Plastics, Crown Packaging and Eddie Stobart.

Brochures

Elland Road, Braunstone, Leicester, LE3Brochure

Elland Road, Braunstone, Leicester, LE3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station3.6 miles
  • Narborough Station4.3 miles
  • South Wigston Station4.7 miles
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About Fuller Gilbert & Co, South Kensington

38-40 Gloucester Road, London, SW7 4QT
Industry affiliations:

With a passion for property and a commitment to delivering exceptional service, Fuller Gilbert & Company provides a comprehensive property sales, lettings and management service. Whether you’re buying, selling, renting or investing, Fuller Gilbert combines in-depth local knowledge with a tailored approach to ensure transactions are smooth and successful.

Guided by 24 years experience, Fuller Gilbert offers expert advice, clear communication, & a genuine dedication to helping clients achieve their property goals. Known for a hands-on approach & a keen eye for detail, we provide honest insights, expert market analysis, and an in-depth understanding of current trends to guide you through every step of the process.

Why Choose Fuller Gilbert?

Expert Guidance:Our team of experienced property professionals boast a wealth of knowledge and experience in the local, national and international market. From the latest property trends to legal processes, we provide comprehensive guidance to empower you with informed decisions.

Personalised Approach:

At Fuller Gilbert & Company we understand that each client is unique, and so are their property needs. Our personalised approach ensures that whether you're buying, renting, selling or letting, your experience is tailored to your specific requirements.

Local Insight, Extensive Reach:

With an in-depth understanding of local market dynamics, we seamlessly integrate our services to offer maximum exposure, leveraging a wide network and marketing strategies to ensure your property receives the attention it deserves.

Transparent Transactions:

Trust and integrity are the cornerstones of our client relationships. We believe in transparency during every step of the process, from property valuation to negotiations and closing. You can rely on us to provide clear, honest and up-to-date information throughout the duration of your experience with us.

Innovative Technology:

Embracing the latest technological advancements, we utilise innovative tools to streamline the buying, selling and lettings process. From virtual property tours to digital marketing strategies, we leverage technology to enhance your property market experience. However, even technology has its limits, which is why we never forget the power of good old-fashioned verbal and written communication.

Community Engagement:

Fuller Gilbert & Company is, first and foremost a property agency. However, we are also a partner invested in the growth and prosperity of the neighbourhoods we operate in. Beyond residential sales and lettings transactions, we are committed to having a positive impact in the local community. We actively support organsiations such as the Paul Strank Charitable Trust, which champions disadvantaged families by focusing on alleviating poverty, illness and hardship - particularly for children.

We look forward to assisting you

Embark on a seamless and rewarding property journey with Fuller Gilbert & Company and discover the difference that expertise, personalised service, and a commitment to excellence can make in achieving your property goals. Come and experience estate agency services how they should be done. Come and experience Fuller Gilbert & Company.

Notes

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Disclaimer - Property reference 34203847. 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 Fuller Gilbert & Co, South Kensington. 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.

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