LOT 03

GUIDE PRICE: £140,000 - £150,000 PLUS VAT

104A Uppingham Road, Leicester, LE5 0QF

Solicitor Details

Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB Tel: (0370) 086 7371 ~ Ref: J Speed

*Guide Price & Reserves

RETAIL INVESTMENT

Property Description

A detached single storey retail unit of approximately 1,000 sqft with forecourt car parking.

Location:

The property is located opposite Kitchener Road and near Uppingham Road Health Centre.

Accommodation:

Ground Floor: Retail area, store room, office, WC.
GIA: 1,000 sqft (93 sqm)
Outside: Front and side forecourt providing car parking.

Note:

  • VAT is payable on the purchase price
  • Can be purchased as a TOGC

Tenure

  • Freehold, subject to existing lease
  • Let on a 15 year lease from 28.11.2021 - 28.11.2036 with 3 yearly rent reviews, the rent was reviewed in 2024 to £15,250 pax, however the rent review memorandum was signed at a discounted rate of £14,400 pax

Energy Performance Certificate:

Rating 24, Band A.

Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

LE5 0QF

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104A Uppingham Road, Leicester, LE5 0QF