Freehold Trade Counter Investment
Freehold Trade Counter Investment
The property is prominently situated on the south side of Blackbird Road, less than a mile from Leicester City Centre. Nearby occupiers include Aldi, Halfords, B&Q, The Range, Home Bargains and Travis Perkins
Freehold.
The property is prominently situated on the south side of Blackbird Road, less than a mile from Leicester City Centre. Nearby occupiers include Aldi, Halfords, B&Q, The Range, Home Bargains and Travis Perkins
Freehold.
The property comprises a site of approximately 0.27 hectares (0.68 acres) with a site coverage of 46%, upon which there are two large buildings with combined car parking for approximately 18 cars and an open storage yard to the rear. The property may be suitable for longer term redevelopment to residential, subject to obtaining the necessary consents.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a site of approximately 0.27 hectares (0.68 acres) with a site coverage of 46%, upon which there are two large buildings with combined car parking for approximately 18 cars and an open storage yard to the rear. The property may be suitable for longer term redevelopment to residential, subject to obtaining the necessary consents.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|---|
| 43-45 | Ground | Industrial | 603.7 sq m |
(6,498 sq ft) |
SPEEDY ASSET SERVICES LTD a subsidiary of Speedy Hire plc (1) |
10 years from 20/10/2011 |
£59,000 (2) | 27/10/2021 |
| 47 | Ground | Industrial | 794.8 sq m |
(8,555 sq ft) |
SPEEDY ASSET SERVICES LTD a subsidiary of Speedy Hire plc (1) |
10 years from 20/10/2011 |
£60,600 (2) | 27/10/2021 |
| Totals | 1,398.5 sq m |
(15,053 sq ft) |
£119,600 | |||||
(1) Speedy Hire are the UK’s leading tools, equipment and plant hire services company, trading from in excess of 220 locations with 3,800 employees.
(2) The rent was increased at the 2016 rent review from £35,000 for 43-45 and £45,000 for unit 47.
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