LOT 03

GUIDE PRICE: £200,000 - £210,000 PLUS VAT

36-42 Stafford Street, Belgrave, Leicester, LE4 7AJ

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

The property comprises a semi-detached house used as offices together with 2 single-storey brick built units of approximately 1,609 sqft, with an eaves height of 13 ft and forecourt parking. The unit is currently used as a motor garage and is equipped with three-phase electric, electric roller shutter door, inspection pit and office.

Location:

The property is located off Melton Road near to Leicestershire Secondary SCITT and backs on to playing fields.

Accommodation:

GARAGE:
Ground Floor: 2 Workshops, office, store. Total GIA: 1,609 sqft (150 sqm) approx.
OFFICES / HOUSE - requires complete renovation:
Ground Floor: 2 rooms, 2 stores.
First Floor: 2 bedrooms, bathroom, kitchen.
Outside: Yard area.

Note:

  • VAT is payable on the rent and purchase price
  • Can be purchased as a TOGC, buyer to make their own enquiries

Tenure

  • Freehold, subject to existing occupation
  • Let on a 3 year FRI lease from 18.05.1998 at a current passing rent of £14,000 pax plus VAT, paid on a monthly basis

Energy Performance Certificate:

Rating 67, Band C.

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.

LE4 7AJ

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36-42 Stafford Street, Belgrave, Leicester, LE4 7AJ