0116 255 1527

Peter Tew and Co.

pgt@petertew.co.uk

Sold

Property Type

Industrial

Available

Sold

Square foot size

17520

INDUSTRIAL / COMMERCIAL INVESTMENT SOLD

Meynell Road / Cottesmore Road, Leicester, LE5 3LL


Location:

The property fronts Cottesmore Road, Woodland Road and Meynell Road within this established mixed-use location, two miles north-east of Leicester City Centre.

Description / Tenancies:

The accommodation comprises in detail and the following dimensions are approximate:-
Address Tenant Sq.M. Sq.Ft.

 

53a Meynell Rd Mr Burger (Leics) Ltd & Woodland Wholesale Ltd 431.06 4,640
22 Cottesmore Rd IB Motors Ltd 177 1,908

 

First Floor

20 Cottesmore Rd

Leicester Education & Support Centre / Ummah Relief Foundation 111.76 1,203
24 Cottesmore Rd A1 Cash & Carry (Leicester) Ltd 204 2,199
53 Meynell Rd Meadow Farm Dairies (Leics) Ltd 313.82 3,378
51a Meynell Rd Meadow Farm Dairies (Leics) Ltd 389.45 4,192

 

Services:

Mains gas, electricity, water and drainage are connected to the site.

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.

 

Energy Performance Certificate: 

Energy Rating – Full certificates available on request.

53a Meynell Road – Band:  C

22 Cottesmore Road – Band:  E

F/F, 20 Cottesmore Road – Band:  E

24 Cottesmore Road – Band:  D

53 Meynell Road – Band:  E

51a Meynell Road – Band:  D

 

Tenure:

Freehold subject to the following lease terms:

 

Address Tenant Rent p.a. Lease Term

 

53a Meynell Rd Mr Burger (Leics) Ltd & Woodland Wholesale Ltd £13,000 Holding over
22 Cottesmore Rd IB Motors Ltd £6,000 Holding over

 

First Floor

20 Cottesmore Rd

Leicester Education & Support Centre / Ummah Relief Foundation £520 Holding over
24 Cottesmore Rd A1 Cash & Carry (Leicester) Ltd £7,000 Holding over

 

53 Meynell Rd Meadow Farm Dairies (Leics) Ltd £12,000 Expiry 28.09.2037
51a Meynell Rd Meadow Farm Dairies (Leics) Ltd £15,000 Expiry 28.09.2037

Guide Price: 

£750,000 (Seven Hundred and Fifty Thousand Pounds).

 

VAT: 

VAT is applicable.  The intention is for the property to be sold by way of a TOGC.

 

Legal Costs: 

Each party to be responsible for their own legal costs and any stamp duty.

 

Health and Safety:

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

 

Subject to Contract:

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

 

Money Laundering:  

In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.  This evidence will be required prior to solicitors being instructed with a sale of the property.

 

 

Viewing:

Strictly by appointment with the sole agents.

For further information or to make arrangements to view the premises please contact:

 

Julie or Charlotte

T:  0116 2551527

E:  julie@petertew.co.uk

E:  charlotte@petertew.co.uk

 

Important Information 

Peter Tew for themselves and for vendors or lessors of the property whose agents they are, give notice that; (i) these particulars do not constitute any part of any offer or contract; (ii) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute part of, an offer of contract; (iii) all descriptions, dimensions references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intended purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iv) no person in the employment of Peter Tew and Co has any authority to give any representation or warranty whatever in relation to this property; (v) we have not tested any services, central heating installations, plumbing installations or electrical installations and therefore purchasers or tenants should undertake independent investigations as to condition of all services and mechanical/engineering installations; (vi) all rentals and prices are quoted exclusive of vat.  Intending purchasers or tenants must satisfy themselves as to the applicable vat position if necessary, by taking appropriate independent professional advice; (vii) any site boundaries shown are indicative only (viii) Peter Tew and Co will not be liable for any loss arising from the use of these particulars.

 

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