LOT 12

GUIDE PRICE: £275,000 - £285,000 PLUS VAT

68, 68A, 70, 70A & 70B Main Street, Broughton Astley, Leicester, LE9 6RD

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 detached commercial property of approximately 2,850 sqft comprising 4 retail units all with electric heating.

Location:

The property is conveniently located in the village centre just off Orchard Road / Coventry Road / Leicester Road junction and near to Co-Op Food store and Orchard Road Car Park.

Planning:

Local Authority: Harborough District Council (01858) 828282.

Note:

  • Site is coloured pink on the plan
  • VAT is payable on the rent and purchase price
  • Can be purchased as a TOGC

Tenure

Freehold, subject to existing leases.

PROPERTY Floor Accommodation SQFT (SQM) Approx EPC Lease Rent £ PAX
PROPERTY FLOOR USE SQFT (SQM) EPC LEASE RENT £ PAX
68 Ground Desirable Doggies
Dog grooming service
280 (26) 60,C 3 year FRI lease from 22.12.2024 with rent review 22.12.2025 RPI 2,900
68A Ground The Salon
Hair salon
516 (48) 45,B 6 year FRI lease from 08.03.2024 with 3 year rent review 01.01.2027 RPI 6,600
68B First Finishing Touches
Nail bar
516 (48) 71,C 3 year FRI lease from 01.06.2018 2,624
70, 70A & 70B Ground
First
Dance Studio
Offices
1,022 (95)
516 (48)
50,B
70,C
3 year FRI lease from 01.01.2025 with tenant break option 31.03.2027 15,000
Outside Amenity area for bin storage
Current Rental Income 27,124
Estimated Rental Value 29,500

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.

LE9 6RD

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68, 68A, 70, 70A & 70B Main Street, Broughton Astley, Leicester, LE9 6RD