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MapGuide price
£1,600,000Office for sale
Knightsbridge House, 12 Lower Brown Street, Leicester, LE2 7AF
Auction
Office
16533
Features and description
- Commercial investment
- Guide price: £1,600,000 £1,650,000 plus vat
Sold after auction for an undisclosed amount For Sale by Public Auction on13/02/2025
Location:
The property is located in the city centre, on the corner of Norton Street and within walking distance of De Montfort University, Leicester Train Station and Leicester Royal Infirmary.
Description:
A substantial and modern three storey with basement self-contained office building of approximately 16,517 sqft (1,534 sqm). Internally there are open plan offices with kitchen and WC facilities on each floor. The property is used for educational purposes and benefits from suspended ceiling with recessed LED lighting, passenger lift, gas central heating and car parking for approximately 24 vehicles via the basement and external car park.
Accommodation:
Basement - providing 15 car parking spaces:
GIA: 3,461 sqft (321.5 sqm)
Ground Floor:
4,040 sqft (375.3 sqm)
First Floor:
4,362 sqft (405.2 sqm)
Second Floor:
4,654 sqft (432.3 sqm)
Total GIA: 16,517 sqft (1,534 sqm) approx.
Outside:
Car parking for 9 cars at the front.
Planning
Currently used as an educational facility.
Potential for alternative used ie residential subject to planning permission.
Local Authority: Leicester City Council[use Contact Agent Button].
Note
VAT is payable on the purchase price.
Tenure
Freehold, subject to existing lease.
Let on an FRI lease for a term of 10 years from 11.09.2024 at a rental of £150,000 pax PLUS VAT.
Solicitors
Murria Solicitors, Court Chambers, 180 Corporation Street, Birmingham B4 6UD
[use Contact Agent Button] ~ Ref: A Kang
Location:
The property is located in the city centre, on the corner of Norton Street and within walking distance of De Montfort University, Leicester Train Station and Leicester Royal Infirmary.
Description:
A substantial and modern three storey with basement self-contained office building of approximately 16,517 sqft (1,534 sqm). Internally there are open plan offices with kitchen and WC facilities on each floor. The property is used for educational purposes and benefits from suspended ceiling with recessed LED lighting, passenger lift, gas central heating and car parking for approximately 24 vehicles via the basement and external car park.
Accommodation:
Basement - providing 15 car parking spaces:
GIA: 3,461 sqft (321.5 sqm)
Ground Floor:
4,040 sqft (375.3 sqm)
First Floor:
4,362 sqft (405.2 sqm)
Second Floor:
4,654 sqft (432.3 sqm)
Total GIA: 16,517 sqft (1,534 sqm) approx.
Outside:
Car parking for 9 cars at the front.
Planning
Currently used as an educational facility.
Potential for alternative used ie residential subject to planning permission.
Local Authority: Leicester City Council[use Contact Agent Button].
Note
VAT is payable on the purchase price.
Tenure
Freehold, subject to existing lease.
Let on an FRI lease for a term of 10 years from 11.09.2024 at a rental of £150,000 pax PLUS VAT.
Solicitors
Murria Solicitors, Court Chambers, 180 Corporation Street, Birmingham B4 6UD
[use Contact Agent Button] ~ Ref: A Kang
About this agent
Kal Sangra Shonki Brothers - Auction House
85 Granby Street
Leicester, Leicestershire
LE1 6FB
0116 484 9720Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.