0116 255 1527

Peter Tew and Co.

pgt@petertew.co.uk

New

Property Type

Industrial

Available

For Sale

Square foot size

58805

REVERSIONARY- INDUSTRIAL INVESTMENT – FOR SALE : £4.4M

26 Lunsford Road, Leicester, LE5 0HJ


Location: 

The property comprises a purpose built detached industrial manufacturing unit located off Hastings Road. This is an established employment area off Uppingham Road. (A47) approximately 2 miles north-east of the city of Leicester.  The location is good from the point of view of recruiting local labour and the property is well served by pubic transport.

Rating Assessment: 

Location Authority:  Leicester City Council

Rateable Value:  £177,000

Information can be obtained from:- www.voa.gov.uk

Services: 

Mains gas, electricity, water and drainage are connected to the property.  In addition sections of the property have the benefit of air conditioning.

Peter Tew and Company have not tested any service/ installations and cannot provide a guarantee of their condition.  Parties should investigate these facilities to their own satisfaction.

Fixtures & Fittings:

All landlords fixtures and fittings within the property on completion are to be included within the sale.

Energy Performance Certificate:

EPC Rating:  D (86).

Tenure:   

Freehold subject to the letting to the occupational tenant, Viva Nylons Limited (CRN:- 08814278).  For a term of 5 years commencing 16 February 2018 expiring on 15 February 2023.

The tenant to keep the property in good and substantial repair and condition the tenant is not obliged to keep the property in any better state of repair that is evidence by the schedule of condition dated 3 August 2001.

At the end of the term the tenant to yield up the property in accordance with the terms of the lease.

VAT:

 VAT is not applicable.

Legal Costs:

 Each party are to be responsible for their own legal costs incurred in this transaction.

Health and Safety: 

The agents accept no responsibility for injury or loss to persons or property when visiting the premises.

Subject to Contract/Subject to Lease:

Interested parties are advised to check with ourselves that these particulars have not been altered or amended in any way since they were issued.

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