MapGuide price
£320,000Property for sale
572 Melton Road, Thurmaston, Leicester, LE4 8BB
Auction
Property
8342
Features and description
- Commercial investment
- Guide price: £320,000 £330,000
For Sale by Public Auction on11/02/2026
Location:
The property is located on the corner of Pinfold Road and near to the junction of Humberstone Lane.
Description:
A corner site of approximately 927 sqyds used as a car sales centre with car sales showroom of approximately 3,266 sqft and outdoor sales pitch area. To the side of the site there is a free-standing illuminated advertising hoarding.
Accommodation:
Showroom:
Large showroom, workshop, office, WC.
Total GIA: 3,266 sqft (303 sqm)
Outside:
Sales pitch area of 430 sqyds, front and side loading of 155 sqyds.
Tenure
Freehold, subject to existing occupation and lease.
The occupier currently pays a rent of £20,000 pax, paid on a monthly basis.
The hoarding is let on a 20 year lease from 24.11.2020 with 5 yearly rent reviews at a current passing rent of £9,000 pa increasing on 24.11.2030 to £10,125 pa and on 24.11.2035 to £11,390 pa.
Energy Performance Certificate:
Rating 91, Band D.
Solicitors
Shoosmiths, 9th Floor, New Station Street, Leeds LS1 4JB
[use Contact Agent Button] ~ Ref: J Speed
Location:
The property is located on the corner of Pinfold Road and near to the junction of Humberstone Lane.
Description:
A corner site of approximately 927 sqyds used as a car sales centre with car sales showroom of approximately 3,266 sqft and outdoor sales pitch area. To the side of the site there is a free-standing illuminated advertising hoarding.
Accommodation:
Showroom:
Large showroom, workshop, office, WC.
Total GIA: 3,266 sqft (303 sqm)
Outside:
Sales pitch area of 430 sqyds, front and side loading of 155 sqyds.
Tenure
Freehold, subject to existing occupation and lease.
The occupier currently pays a rent of £20,000 pax, paid on a monthly basis.
The hoarding is let on a 20 year lease from 24.11.2020 with 5 yearly rent reviews at a current passing rent of £9,000 pa increasing on 24.11.2030 to £10,125 pa and on 24.11.2035 to £11,390 pa.
Energy Performance Certificate:
Rating 91, Band D.
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.