11 Victoria Street, Syston, Leicester, LE7 2LE

Solicitor Details

Lawson West, 4 Dominus Way, Meridian Business Park, Leicester LE19 1RP ~ Tel: (0116) 212 1169 ~ Ref: D Mann

*Guide Price & Reserves

COMMERCIAL / PART INVESTMENT

Addendum

VAT IS NOT APPLICABLE ON THE PURCHASE PRICE.

Property Description

A substantial mostly single storey industrial property of approximately 11,614 sqft (1,079 sqm) on a total site area of 0.657 acres. The property was previously used as a printing factory and benefits from northern roof lights, suspended ceiling and air conditioning in the offices and enclosed print rooms, front roller shutter doors, ample car parking, gas blower heating, 3 phase electric supply, CCTV and burglar alarm systems.

Location:

The property is located in the town centre, off Albert Street and opposite to the Tesco Superstore car park.

Accommodation:

Ground Floor: Production areas, enclosed print rooms and offices. GIA: 10,054 sqft (934 sqm)
First Floor: Offices. GIA: 1,205 sqft (112 sqm)
Secondary Building: GIA: 355 sqft (33 sqm)
Total GIA: 11,614 sqft (1,079 sqm) approx.
Outside: Car park/yard area and a secure car park/compound opposite.

Planning

Previously used as a printing factory
Potential for other uses subject to planning
Local Authority: Charnwood Borough Council (01509) 634570

Note:

Originally marketed for £850,000.

Tenure

Freehold, subject to existing sub-let of the self-contained small workshop
Let on a lease which is contracted out of LTA 1954 for 6 years from 08.08.2023, with a tenant break option in 07.08.2026 at a rental of £6,900 pa

Energy Performance Certificate:

Rating 74, 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.

WANT TO BUY OR SELL A PROPERTY?

LOT 03

Available for £575,000