Key Information
- Total GIA: 3,741 sq ft (347.5 sq m)
- On-site car parking
- May combine with 111 Princess Road East, also for sale
- Purchase price: £315,000
- £315,000 NB - 109 and 111 may be combined into a larger purchase if required.
An attractive inner terrace Edwardian building with adjacent car park to the rear. The building is three-storey in design, constructed in brickwork, with timber sash windows under a pitched slate roof. Internally, the property provides good quality accommodation that is presently subdivided to provide for a number of private and more open plan areas. There is a degree of parking behind the property.
Location
The premises lie prominently on Princess Road East between University Road and De Montfort Street, approximately 1 mile south of Leicester city centre. The property lies within the New Walk Conservation Area, within close proximity of the University of Leicester. The city centre is a short walk away via the attractive pedestrianised walkway, New Walk. The area generally is characterised by similar properties taken over to both providing office, academic and residential uses.
VAT
VAT will not be applicable to the purchase price.
Rates
To be reassessed.
Services
The property forms part of a larger group of buildings that are due to be separated into their component parts. This will affect the services that are available and interested parties are advised to make further enquiries. Electrical Substation There is an electricity substation on site within the car park. Full details available upon request.
EPC
The building is currently assessed with adjacent properties as follows: 107-111 Princess Road East - C74
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Gross Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
The property lies within the New Walk Conservation Area and has a current authorised use for academic purposes falling within Class F1 of the Town and Country Planning (Use Classes) (Amendments) (England) Regulations 2020. Parties interested in alternative uses are advised to speak with Leicester City Council on 0116 454 1000.
Viewing
Viewings are by appointment with sole agents Innes England