LOT 03
GUIDE PRICE: £290,000 - £300,000 PLUS VAT
248 Loughborough Road, Belgrave, Leicester, LE4 5LH
Solicitor Details
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB Tel: (0370) 086 7371 ~ Ref; J Speed
*Guide Price & Reserves
COMMERCIAL INVESTMENT
Property Description
A corner plot of approximately 0.25 acres with a large single storey office of approximately 1,403 sqft with air conditioning and gas central heating, a car wash bay of approximately 728 sqft and vehicle display forecourt. The site is currently let to Enterprise Rent-A-Car UK Limited.
Location:
The property is located on the corner of Elmdale Street and near to the junction of Checkets Road.
Accommodation:
Office: Large reception office, office, kitchen, 2 stores, WC. GIA: 1,403 sqft (130 sqm)Car Wash Bay: GIA: 728 sqft (68 sqm)
Total GIA: 2,131 sqft (198 sqm) approx.
Note:
- VAT is payable on the rent and purchase price
- Can be purchased as a TOGC
Tenure
- Freehold, subject to existing lease
- Let on a 16 year FRI lease with 3 year rent reviews from 01.12.2013 at a current passing rent of £22,140 plus VAT pax
- The next rent review 01.12.2025 is RPI capped
Energy Performance Certificate :
Rating 95, Band D,
Extra Details
Outside: Front and side large forecourt.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.
