Mansion House 41 Guildhall Lane Leicester LE1 5FR

Mansion House
41 Guildhall Lane
Leicester
LE1 5FR

Modern Freehold City Centre Office Investment

Entirely let to HSBC Vehicle Finance (UK) Limited
Prominent Corner Position in City Centre Location
Approximately 1,806.53 sq m (19,446 sq ft) of Modern Office Space
Within close proximity of Leicester Cathedral, Highcross Shopping Centre, The Shires Shopping Centre and St Martins Square Shopping Centre
On-Site Car Parking for Approximately 18 cars
Six Week Completion Available

Lot
42
Auction
18th October 2012
Rent
£187,350 per Annum Exclusive
Status
Sold
Price
£1,020,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Modern Freehold City Centre Office Investment

Entirely let to HSBC Vehicle Finance (UK) Limited
Prominent Corner Position in City Centre Location
Approximately 1,806.53 sq m (19,446 sq ft) of Modern Office Space
Within close proximity of Leicester Cathedral, Highcross Shopping Centre, The Shires Shopping Centre and St Martins Square Shopping Centre
On-Site Car Parking for Approximately 18 cars
Six Week Completion Available

Lot 42
Auction 18th October 2012
Rent £187,350 per Annum Exclusive
Status Sold
Price £1,020,000
Sector
Office
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 27 miles south of Nottingham,45 miles east of Birmingham
Roads: A47, A594, M1 (Junction 21), M69 (Junction 3)
Rail: Leicester Rail station (1 hr 7 mins to London St Pancras)
Air: East Midlands Airport, Birmingham International Airport

Situation

The property is situated in the city centre opposite Leicester Cathedral, in a prominent corner location on the northern side of Guildhall Lane, at its junction with Coronation Place. The property is within walking distance of High Cross Shopping centre, The Shires Shopping Centre and St Martins Square Shopping Centre, with nearby occupiers including O Neill’s, The Guildhall and BBC Radio Leicester.

Tenure

Freehold.

Location

Miles: 27 miles south of Nottingham,45 miles east of Birmingham
Roads: A47, A594, M1 (Junction 21), M69 (Junction 3)
Rail: Leicester Rail station (1 hr 7 mins to London St Pancras)
Air: East Midlands Airport, Birmingham International Airport

Situation

Tenure

Freehold.

Description

The property comprises office accommodation over ground, first and second floors, with additional basement storage accommodation. The property benefits from a ground floor reception, open plan accommodation, recessed perimeter trunking, an 8-person passenger lift and 18 on-site car parking spaces, 16 of which are contained within the secure site.

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
Basement Ground First Second	Storage Office, Storage and Ancillary Office and Storage Office, Storage and Ancillary	79.2 sq m 514.5 sq m 681.5 sq m 531.4 sq m	(853 sq ft) (5,538 sq ft) (7,336 sq ft) (5,719 sq ft)	HSBC VEHICLEFINANCE (UK)LIMITED (1) (2)	25 years from 25/12/1990 on a full repairing and insuring lease	£187,350	25/12/2015
Totals		1,806.6 sq m	(19,446 sq ft)			£187,350

(1) HSBC Vehicle Finance (UK) Limited are a subsidiary of HSBC Holdings plc. For the year ending 31st December 2010, HSBC Vehicle Finance (UK) Limited reported a turnover of £300,000, pre-tax profits of £300,000 and a total net worth of £7,007,000. (Source: www.riskdisk.com 11/09/2o12)
(2) The property has been sub-let to Midlands Academy of Business and Technology Limited, an independent educational establishment for students whose first language is not English. (Source: www.midlandsacademy.com 11/09/2012)