MapGuide price
£300,000Property for sale
44-50 St. Ives Road, Leicester, LE4 9FN
Auction
Property
3885
Features and description
- Commercial investment
- Guide price: £300,000 £310,000
For Sale by Public Auction on11/02/2026
Location:
The property is located off Barkby Road near to the junction of Fairfax Road.
Description:
A part single and part 2 storey detached unit of approximately 3,886 sqft on a site area of 0.55 acres with 2 storey offices, 2 separate outdoor sales pitch areas and a single storey vehicle repair workshop at the rear.
Accommodation:
Ground Floor:
Large reception, 3 offices, kitchenette, WC.
GIA: 805 sqft (75 sqm)
First Floor:
3 offices, kitchenette, WC.
GIA: 792 sqft (74 sqm)
Rear Single Storey Workshop (part not inspected/measured):
Body shop.
GIA: 1,214 sqft (113 sqm) - excluding unmeasured area.
Total GIA: 3,886 sqft (361 sqm) approx.
Outside:
Display Forecourt 1 (Left):
1,387 sqyds (12,486 sqft)
Display Forecourt 2 (Right):
2,185 sqyds (19,665 sqft).
Tenure
Freehold.
Originally let on a 10 year FRI lease from 10.09.2015 with 5 year rent reviews, at a passing rent of £23,700 pax.
The head tenant has sublet parts of the property on subleases, all leases have expired.
The head tenant and sub-tenants remain in occupation.
Energy Performance Certificate:
Rating 62, Band C.
Solicitors
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB
[use Contact Agent Button] ~ Ref: J Speed
Location:
The property is located off Barkby Road near to the junction of Fairfax Road.
Description:
A part single and part 2 storey detached unit of approximately 3,886 sqft on a site area of 0.55 acres with 2 storey offices, 2 separate outdoor sales pitch areas and a single storey vehicle repair workshop at the rear.
Accommodation:
Ground Floor:
Large reception, 3 offices, kitchenette, WC.
GIA: 805 sqft (75 sqm)
First Floor:
3 offices, kitchenette, WC.
GIA: 792 sqft (74 sqm)
Rear Single Storey Workshop (part not inspected/measured):
Body shop.
GIA: 1,214 sqft (113 sqm) - excluding unmeasured area.
Total GIA: 3,886 sqft (361 sqm) approx.
Outside:
Display Forecourt 1 (Left):
1,387 sqyds (12,486 sqft)
Display Forecourt 2 (Right):
2,185 sqyds (19,665 sqft).
Tenure
Freehold.
Originally let on a 10 year FRI lease from 10.09.2015 with 5 year rent reviews, at a passing rent of £23,700 pax.
The head tenant has sublet parts of the property on subleases, all leases have expired.
The head tenant and sub-tenants remain in occupation.
Energy Performance Certificate:
Rating 62, Band C.
Solicitors
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB
[use Contact Agent Button] ~ Ref: J Speed
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.