LOT 00
GUIDE PRICE: £1,050,000 - £1,100,000
121 Parker Drive, Leicester, LE4 0JP
Solicitor Details
BP Legal Solicitors, 221 Belgrave Gate, Leicester LE1 3HT Tel: (0116) 253 6856 ~ Ref: B Parmar
*Guide Price & Reserves
COMMERCIAL INVESTMENT
Property Description
A large, detached part 2 and part 3 storey industrial premises of approximately 19,321 sqft on a site area of 0.42 acres. The property has gas central heating to the offices, gas blower heating system in the factory areas and a three-phase electric supply throughout. Loading is via shutter doors to one side of the building and rear ground floor and first floor bays. There is car parking to the front and rear of the building.
Location:
The unit is located in a popular industrial area off Blackbird Road.
Accommodation:
Lower Ground Floor: 2 production areas. GIA: 5,938 sqft (551.66 sqm)Ground Floor: Entrance lobby, reception area, offices, 2 large production areas, kitchen, staff room, WCs. GIA: 10,128 sqft (940.92 sqm)
First Floor: 2 offices, store room, WCs. GIA: 1,017 sqft (94.48 sqm)
Tenure
- Freehold, subject to existing lease
- Let on a 5 year FRI lease from date of completion of sale at a rental of £87,000 pax with 3 year rent review and tenant break option
Energy Performance Certificate:
Rating 71, Band C.
Extra Details
Second Floor (to the rear of the building): Storage space. GIA: 2,238 sqft (207.92 sqm)Total GIA: 19,321 sqft (1,794.98 sqm) approx.
Outside: Front parking for 3 vehicles, gated side driveway providing access to side and rear loading and parking at the rear.
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.
