Commercial Property
A spacious, two storey, commercial property made up of Industrial/Warehouse space, offices and enclosed yard / car park.
Situated in a popular and convenient location within Thurmaston. The property is in a residential location but close to other large scale industrial estates. It gives easy access to Leicester city centre has great road links via the A46 and M1 Motorway.
The property offers around 5000sqft of production and office space arranged over two floors and would suit a variety of uses as soley offices, warehousing and production. The site has current B1 usage for use as office and production space.
The space is very flexible and has 3 access points and therefore different areas could be let out separately.
The site is flanked by three road and surrounded by residential property and therefore we believe there is a good opportunity for residential development and this could be by converting the existing building into apartments or by removing the building and building new build houses or apartments subject to permissions. The total site area amounts to 0.15 acres.
If let out we estimate the annual rental would amount to £25,000 per annum.
In more detail;
Reception 41.67 sqm
Toilets
Board Room 28.07 sqm
Kitchen 6.72sqm
Office 28.68 sqm
Workshop 86.60 sqm
Open plan office 76.58 sqm
Loading Bay 20.29 sqm
Office 1 29.96 sqm
Office 2 26.88 sqm
Kitchen
Warehouse 130.78 sqm
There is a large, concrete service yard/car park to the south side of the building.
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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