Key Information
- Approx. GIA 3,152 sq ft (292.8 sq m)
- Popular high profile location close to Leicester Train Station and University of Leicester
- Fully let producing a current aggregate income of £61,140 per annum.
- Purchase price subject to the occupational tenancies - £750,000
- 2 off road car parking spaces
- £750,000
The property comprises a substantial three storey Victorian terraced building, with gothic embellishments, of brick construction under pitched and slated roofs. To the rear of the main section is a more modern constructed two storey extension and further single storey extension, both being of brick and block construction, again under pitched and, in this instance, mock slated roofs. The extension areas incorporate double glazed windows. Internally, the accommodation comprises ground and first office units together with rear ground and upper floor residential accommodation. The front ground floor office benefits from a basement storage rear which has lapsed Planning permission to convert into further office accommodation. The rear of the ground floor provides a 3 bed flat with a Shower Room, WC and lounge/kitchen. The first floor provides a one bed flat with a Shower Room, WC and lounge/kitchen. There is also a single office together with WC and kitchen for the office occupiers. The second and third floors provide a 4 bed duplex flat with lounge and kitchen, bathroom and an additional WC. Externally, there is a small paved area to the front which provides 2 off road car parking spaces with a small enclosed courtyard to the rear.
Location
The subject property is situated approximately 1 mile south of Leicester City Centre, and occupies a a slightly setback but prominent position to the north side of London Road between its junctions with Saxby Street and Highfield Street and virtually opposite University Road. London Road (A6) is a major arterial route leading into the city from the southern side of the county. Major facilities and landmarks within the nearby vicinity include Victoria Park, the University of Leicester, De Montfort Hall and Leicester Railway Station which is approximately 0.2 miles in distance to the north.
VAT
VAT is not applicable to the purchase price.
Rates
Ground Floor Front Office, Rateable Value - £1,500 First Floor Front Office, Rateable Value - £2,000 Subject to status, future tenants may benefit from 100% rates relief.
Services
We understand all mains services are connected to the property.
EPC
EPCs available upon request.
Viewing
Viewings are by appointment with sole agents Innes England
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
From information provided by our client we understand the property provides the above gross internal areas: