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Evington Road, Leicester Offers in Excess of £1,000,000

Sold STC
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  • Freehold
  • Prominent location
  • Scope to increase rents
  • Unbroken mixed use block

We are pleased to offer this rare opportunity to purchase this unbroken mixed use freehold detached building located on Evington Road, Leicester.

The property is offered with tenants in situ and subject to existing leases.

There are four retail shops on the ground floor, two of which benefit from A3 use and 4 x 2 bedroom flats across the first and second floors.

The total square footage of the building is 5,150 sq ft approx.

The current rent passing is £43,250 PA.
The ERV is in the region of £76,000 PA.

Rent reviews are due which provide the incoming purchaser with an opportunity to increase rents in line with the current market.

We are advised that the Landlord has not opted to tax and therefore VAT will not be payable on this purchase price.

Legal Costs
Each Party will bear their own costs arising.

Viewings strictly by appointment only.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. The plans are for illustration purposes only and may not be representative of the property. Plan not to scale.
4: Potential buyers are advised to recheck the measurements before committing to any expense. 
5: Reliance Properties has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 
6: Reliance Properties has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Evington Road
Leicester LE2 1QL
County: Leicestershire
Sale Type: Sold STC
Ref #: 00000646

Evington Road
Leicester LE2 1QL
County: Leicestershire
Sale Type: Sold STC
Ref #: 00000646
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