Units 15 - 23 Layton Road, Leicester, LE5 0PU
- PROPERTY TYPE
Commercial Property
- BEDROOMS
2
- BATHROOMS
1
- SIZE
2,325 sq ft
216 sq m
Key features
- COMMERCIAL INVESTMENT
- GUIDE PRICE: £350,000 - £375,000
Description
Location:
The units are located off Uppingham Road near to the junction of Humberstone Road.
Description:
The property comprises of 5 self contained single storey industrial units totalling approximately 8,718 sqft (810 sqm) on a site area of 0.77 acres.
Tenure
Freehold, subject to existing leases and occupation.
Solicitors
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB
Tel: ~ Ref: J Speed
Accommodation
| UNIT | SQFT (SQM) | EPC | LEASE | RENT £ PAX | ||
| 15 | 2,540 (236) | 105, E | 15 years from 01.01.2024 - 31.12.2039 Rent reviews geared to RPI Year 3: £15,000 pax, Year 4: £16,000 pax, Year 5: £17,000 pax | 13,500 | ||
| 17 | 1,528 (142) | 52, C | 15 years from 17.09.2015-16.09.2030 with 5 yearly rent reviews Outstanding rent reviews: 17.09.2020 & 17.09.2025 A new average rent of £8,750 pax is proposed to be effective from 17.09.2020 & a new rent of £10,500 pax to be effective from 17.09.2025, this is yet to be agreed | 7,000 | ||
| 19 | 1,550 (144) | 56, C | 15 years from 17.09.2015 - 16.09.2030 with 5 yearly rent reviews Outstanding rent reviews on 17.09.2020 & 17.09.2025 A new average rent is proposed of £9,000 pax to be effective from 17.09.2020 and a new rent of £10,500 pax to be effective from 17.09.2025, this has been agreed by the tenant, signed memorandum is awaited | 7,500 | ||
| 21 | 1,528 (142) | 57, C | New 5 year lease is proposed at a rental of £10,500 pax plus buildings insurance & service charge payable monthly in advance, counter proposal awaited | |||
| 23 | 1,572 (146) | 56, C | New 5 year lease is proposed at a rental of £11,500 pax plus buildings insurance & service charge payable monthly in advance, counter proposal awaited. In addition storage containers to have a licence drawn up at a rent to be agreed for each container | 7,200 | ||
| Current Rental Value | 35,200 |
Brochures
Legal DocumentsUnits 15 - 23 Layton Road, Leicester, LE5 0PU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station1.4 miles
- Syston Station3.6 miles
- South Wigston Station4.4 miles
Notes
Disclaimer - Property reference 345774. 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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