For Sale

378 Western Road
Westcotes
Leicester
LE3 0ED

  • Substantial Commercial Property
  • Industrial Sites - 3 x Factory Units
  • 12,506 sq ft (1,162 sqm) approx
  • 3 Phase Electric Supply
  • Gas Fired Blowers
  • Parking + Single Garage
  • Vacant Possession
  • OFFERS OVER: £600,000

Summary

Kal Sangra ~ Shonki Brothers Ltd are pleased to offer this rare opportunity to purchase a substantial commercial site comprising of 3 industrial factory units on a site area of approximately 12,506 sqft (1,162 sqm). The properties are located in a largely industrial and residential location in Westcotes, just off Narborough Road with direct links to Fosse Park Shopping Centre and Leicester City Centre. The property is currently part rented, however with vacant possession to be granted on completion, with units 2 & 3 currently rented out and achieving a rental of approximately £10,000 per annum.

The site comprises of 3 industrial factory premises at 378 Western Road, Units 2 & 3 are rented on a fixed lease term at a rental of approximately £10,000 per annum and comprises approximately 5,738 sqft. Unit 1 comprises ground and first floor industrial premises of approximately 6,368 sqft and finally a garage of approximately 400 sqft. In addition, the property benefits from car parking to the side and rear yards. We understand the units benefit from B2 ‘General Industrial’ use but may be suitable for alternative uses subject to obtaining planning permission. The units benefit from three phase electrical supply and floor standing gas fired blowers.

Accommodation

All measurements are approximate:

Units 2 & 3: 5,738 sqft (533 sqm) ~ currently rented at £10,000 pax.

Unit 1:

Ground Floor: 5,487 sqft (510 sqm) ~ with office and w.c’s

First Floor: 881.40 sqft (52 sqm)
~ with w.c’s

Garage: 400 sqft (37.16 sqm)

Total GIA: 12,506 sq ft (3,183 sqm)

Outside:

Car parking & large side yard area.

Planning:

We understand the properties benefit from B2 use. B2 use includes a range of uses within the ‘General Industrial’ classification which includes factories, warehouses and heavy industrial.

The properties may be suitable for a number of other uses, i.e. B1 (Business), D1 (Non-Residential Institutions) and D2 (Assembly & Leisure) subject to obtaining planning permission. All enquiries should be made direct to Leicester City Council on (0116) 454 3000.

Services:

Mains services are connected to the property including gas fired blowers. The services, fittings and appliances have not been tested by the selling agents.

Tenure:

Freehold, vacant possession to be granted upon completion.

Rating Assessment:

Charging Authority: Leicester City Council
Description: Factory & Premises
Rateable Value: £37,650.00
Rates Payable (approx): £18,712.05
Period: 2016/2017

Please make your own enquiries in respect of the rating liability.

Energy Performance Certificate

The property has a current energy performance rating of 190 - Band G.

Viewing

By appointment through the sole selling agents.

Disclaimer

Important Information:
All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Shonki Brothers Ltd or its employees or agents.

Neither Shonki Brothers Ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.

The premises detailed in these particulars are offered subject to them not having been let, sold or withdrawn and Shonki Brothers Ltd will accept no liability for consequential loss arising from these particulars or any negotiations in relation thereto.

Health & Safety:
You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.