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88 Gipsy Lane, Belgrave, Leicester, Leicestershire LE4 6RE

Lot no: 30 Recently Sold at Auction
 

Guide Price £280,000+ plus fees


Tuesday 23rd February 2016

11.30am
Key Features
  • Large Retail Unit
  • Let at £28,000 Per Annum
  • Great Investment
  • Popular Location
  • EPC Rating: TBC
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Recently Sold at Auction

Commercial Property

Property Description:

A large commercial property trading as a furniture superstore. The same tenants have occupied for many years and there is a new 20 year lease from 1st September 2015 at rent of £28,000 per annum and therefore offering purchasers a 10% return.

The property comprises of a single storey retail unit with windows fronting Gipsy Lane. There is a substantial warehouse/store to the side and parking/loading area to the rear and yard area housing containers for further storage. The total internal size amounts to over 4200sq ft.

Sales Shop

With large windows fronting Gipsy Lane

Warehouse

With rear doors allowing loading/unloading

Kitchen
Toilets/Bathroom
Outside

The property has side vehicular access leading to a yard area housing containers for more storage. Further parking space.

Tenure:

Freehold. Subject to tenancy.