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No longer on the market

This property is no longer on the market

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Property

Auction
Sold STC
Property
11614
Added > 14 days

Features and description

  • Commercial / part investment
  • Guide price: £550,000 £575,000
Sold after auction for an undisclosed amount For Sale by Public Auction on09/04/2025

Location:
The property is located in the town centre, off Albert Street and opposite to the Tesco Superstore car park.

Description:
A substantial mostly single storey industrial property of approximately 11,614 sqft (1,079 sqm) on a total site area of 0.657 acres.

The property was previously used as a printing factory and benefits from northern roof lights, suspended ceiling and air conditioning in the offices and enclosed print rooms, front roller shutter doors, ample car parking, gas blower heating, 3 phase electric supply, CCTV and burglar alarm systems.

Accommodation:
Ground Floor:
Production areas, enclosed print rooms and offices.
GIA: 10,054 sqft (934 sqm)

First Floor:
Offices.
GIA: 1,205 sqft (112 sqm)

Secondary Building:
GIA: 355 sqft (33 sqm)

Total GIA: 11,614 sqft (1,079 sqm) approx.

Outside:
Car park/yard area and a secure car park/compound opposite.

Planning
Previously used as a printing factory.
Potential for other uses subject to planning.
Local Authority: Charnwood Borough Council[use Contact Agent Button].

Note
Originally marketed for £850,000.

Tenure
Freehold, subject to existing sub-let of the self-contained small workshop.
Let on a lease which is contracted out of LTA 1954 for 6 years from 08.08.2023, with a tenant break option in 07.08.2026 at a rental of £6,900 pa.

Energy Performance Certificate:
Rating 74, Band C.

Solicitors
Lawson West, 4 Dominus Way, Meridian Business Park, Leicester LE19 1RP ~ [use Contact Agent Button] ~ Ref: D Mann
Visit agent website

Area statistics

Crime score
Moderate crime
4/10

About this agent

Kal Sangra Shonki Brothers - Auction House
Kal Sangra Shonki Brothers - Auction House
85 Granby Street Leicester, Leicestershire LE1 6FB
0116 484 9720
Full profileProperty listings
Established 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.
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