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Hinckley Road, Leicester Offers in Excess of £250,000

Sold STC
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  • Freehold
  • Prominent location
  • Scope to increase turnover
  • Tenants in Situ

Attention Cash Buyers!
Mid terrace commercial building consisting of two retail shops located on Hinckley Road, Leicester.
The takeaway premises includes the ground floor premises and a basement area that spans below both commercial units.
The other retail unit includes the ground floor premises, as well as the first floor unit that spans over both shops and is equivalent of a 3 bedroom appartment in terms of size (currently incorporated within the shop).
One of the shops benefits from having A3 use.
There is also a garage/workshop to the rear which has access from Bolton road. The site offers development opportunities at the rear (Subject to Planning).

Total square footage including shops and garage is approximately 2710 sq ft.

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

The ERV is in the region of £ 23,000 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.

Hinckley Road
Leicester LE3 0TG
County: Leicestershire
Sale Type: Sold STC
Ref #: 00000659

Hinckley Road
Leicester LE3 0TG
County: Leicestershire
Sale Type: Sold STC
Ref #: 00000659
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