Woodcote House, Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WE

Woodcote House, Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WE

Freehold Office Investment

Let to AXA PPP Healthcare Limited
Approximately 536.22 sq m (5,722 sq ft) with 33 car parking spaces
Important and Well Established Business Park
Business Park located at the intersection of the M1 and M69 motorways
Asset management opportunities
Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>

Lot
5
Auction
11th December 2014
Rent
£75,800 per Annum Exclusive
Status
Sold
Price
£690,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Office Investment

Let to AXA PPP Healthcare Limited
Approximately 536.22 sq m (5,722 sq ft) with 33 car parking spaces
Important and Well Established Business Park
Business Park located at the intersection of the M1 and M69 motorways
Asset management opportunities
Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>

Lot 5
Auction 11th December 2014
Rent £75,800 per Annum Exclusive
Status Sold
Price £690,000
Sector
Office
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 4 miles south-west of Leicester City Centre; 30 miles south of Nottingham; 35 miles north-east of Birmingham
Roads: A5460, A563, M1 (Junction 21), M69 (Junction 3)
Rail: Narborough Railway Station, Leicester Railway Station
Air: East Midlands Airport

Situation

The property is located on Meridian Business Park, one of Leicester’s most established office parks, which is strategically located at the intersection of the M1 and M69 motorways. The property is situated on the south side of Harcourt Way, off Meridian South, overlooking the spur road (A5460). Nearby occupiers include Smurfit Kappa, AkzoNobel, NHS, Toyota, BMW and Mini. Fosse Park and Meridian Leisure Park are also located close by.

Tenure

Freehold.

Location

Miles: 4 miles south-west of Leicester City Centre; 30 miles south of Nottingham; 35 miles north-east of Birmingham
Roads: A5460, A563, M1 (Junction 21), M69 (Junction 3)
Rail: Narborough Railway Station, Leicester Railway Station
Air: East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises a two storey office building with car parking for approximately 33 cars to the front. AXA PPP are also in occupation of Beachcroft House, adjacent to the subject property.

Six Week Completion

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

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
Ground First	Office Office	260.86 sq m 275.36 sq m	(2,808 sq ft) (2,964 sq ft)	AXA PPP HEALTHCARE LIMITED (1)	Term of years from 29/11/2007 until 25/09/2016 on a full repairing and insuring lease	£75,800
Totals		536.22 sq m	(5,772 sq ft)			£75,800

(1) For the year ending 31/12/2013, AXA PPP Healthcare Limited reported pre-tax profits of £89,600,000 and a total net worth of £338,100,000. (Source: www.riskdisk.com 31/10/2014).