Unit B2, Link 7, Interlink Park Bardon Business Park Leicester LE67 1PG

Unit B2, Link 7, Interlink Park
Bardon Business Park
Leicester
LE67 1PG

Freehold Industrial/Warehouse Investment

Let to Monro Limited
Located on the busy Bardon Business Park, within the distribution ‘Golden Triangle’
Self-contained industrial/warehouse unit comprising 1,207 sq m (12,995 sq ft) GIA
Nearby occupiers include Babcock, Antalis Brantano, Bunzl Healthcare and David Wilson

Lot
24
Auction
23rd October 2014
Rent
£63,343 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Industrial/Warehouse Investment

Let to Monro Limited
Located on the busy Bardon Business Park, within the distribution ‘Golden Triangle’
Self-contained industrial/warehouse unit comprising 1,207 sq m (12,995 sq ft) GIA
Nearby occupiers include Babcock, Antalis Brantano, Bunzl Healthcare and David Wilson

Lot 24
Auction 23rd October 2014
Rent £63,343 per Annum Exclusive
Status Sold Post
Price
Sector
Industrial, Warehouse
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 11 miles north-west of Leicester; 25 miles south of Nottingham; 36 miles north-east of Birmingham
Roads: A511, A50, M1
Rail: Leicester Railway Station
Air: East Midlands Airport, Birmingham Airport

Situation

The property is located within Interlink Park, a strategically located premier development situated on Bardon Business Park, within the distribution ‘Golden Triangle’ bounded by the M1, M6 and M42 motorways. Located off Junction 22 of the M1, the property enjoys good access to the commercial centres of Leicester, Nottingham and Derby. Nearby occupiers include Babcock, Antalis Brantano, Bunzl Healthcare and David Wilson.

Tenure

Freehold.

Location

Miles: 11 miles north-west of Leicester; 25 miles south of Nottingham; 36 miles north-east of Birmingham
Roads: A511, A50, M1
Rail: Leicester Railway Station
Air: East Midlands Airport, Birmingham Airport

Situation

Tenure

Freehold.

Description

The property comprises industrial accommodation on the ground floor, with integral first floor office accommodation. The property benefits from a vehicle accessible loading door, an eaves height of approx. 7 m (23 ft), and car parking at the front of the property.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground First	Industrial Office/Ancillary	1,207 sq m	(12,995 sq ft)	MONRO LIMITED (1)	5 ½ years from 23/05/2014 (2) on a full repairing and insuring lease (3)	£63,343	24/09/2019
Totals		1,207 sq m	(12,995 sq ft)			£63,343

(1) For the year ending 30/09/2013, Monro Limited reported a turnover of £16,493,055, pre-tax profits of £716,851 and a total net worth of £3,525,931. (Source: riskdisk.com 11/09/2014)
(2)The lease provides for a tenant’s option to determine the lease in 23rd September 2017.
(3)The lease is outside of the Security of Tenure Provisions of the Landlord and Tenant Act 1954.