LOT 17

GUIDE PRICE: £450,000 - £475,000

150 St. Nicholas Circle, Leicester LE1 4JJ &, 15 Bath Lane, Leicester, LE3 5BF

Solicitor Details

Birketts Solicitors, Providence House, 141-145 Princes Street, Ipswich IP1 1QJ Tel: (01473) 406266 ~ Ref: H Brumby

*Guide Price & Reserves

MIXED USE COMMERCIAL PREMISES / POTENTIAL RESIDENTIAL DEVELOPMENT

Property Description

A substantial commercial property of approximately 6,889 sqft, comprising a single-storey former factory now used as a retail unit with rear storage and a three-storey former factory having ground-floor industrial/storage with a mezzanine and roller shutter door, and high-quality offices on the upper floors. The property benefits from approximately 7 parking spaces.

Location:

The property is located in the city centre and fronts both St Nicholas Circle and Bath Lane and is near to Jewry Wall & Roman Baths.

Planning:

  • Potential for residential development subject to planning
  • Local Authority: Leicester City (0116) 454 3000

Note:

Previously marketed for £600,000.

Tenure:

Freehold.

Flat Assured Shorthold Tenancy Rent (£) pcm exc. Rent (£) pa exc.
Accommodation Use SQFT (SQM)[/colour] EPC
150A St Nicholas Circle
Unit Retail 550 (51.1) 117, E
Rear Area Storage 2,530 (235)
15 Bath Lane
Ground Floor Warehouse 947 (88)
Mezzanine Storage 514 (47.8)
Link Floor Office 398 (37)
First Floor Office 949 (88.2)
Second Floor Office 1,000 (92.9)
Parking
Bath Lane Frontage 4 spaces
St Nicholas Frontage Tandem parking for 3 spaces
Total GIA[/colour] 6,889 (640)

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.

LE3 5BF

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150 St. Nicholas Circle, Leicester LE1 4JJ &, 15 Bath Lane, Leicester, LE3 5BF