Key Information
- Situated in a popular suburb location
- 4 ground floor retail units with a 2 bedroom first floor flat
- Total accommodation: 3,377 sq ft (313.73 sq m)
- Guide price subject to occupational tenancies - £390,000
- Producing a current income of £30,600 per annum, with an opportunity to increase this, once the vacant retail unit is let.
- Guide Price: £390,000, for the freehold interest, subject to the terms of the occupational leases in place.
The property comprises a detached, part single-storey, part two-storey, building of brick construction beneath a part pitched and part flat roof, which has been arranged to provide 4 ground floor retail units with a 2 bedroom residential flat at first floor level. The retail units have been fitted with shop fronts, whilst the flat above has uPVC double glazed windows. Internally, each retail unit in the main has been laid out to provide sales accommodation to the front of the unit, with WC facilities to the rear. Units 9-10 have been knocked through at the rear to provide additional storage space connected with the convenience store. The latter units also benefit from a service yard to the rear of the property. The first floor flat, is accessed via an entrance door to the rear of the property and has been configured to provide a hallway, living room, kitchen, bathroom and two double bedrooms.
Location
The property occupies a prominent position on Telford Way, which is a cul-de-sac on the outskirts of Thurnby Village, which lies some four miles east of Leicester City Centre. The surrounding areas is predominantly residential. Thurnby is an attractive and popular suburb of Leicester, which is highly accessible with Uppingham Road forming part of the main A47 trunk road linking Leicester with Peterborough to the east and forming part of one of the main east-west arterial routes.
VAT
All figures quoted are exclusive of VAT. The property is not registered for VAT.
Rates
The property 7 Telford Way is currently listed as Shop & Premises and has a rateable value of £3,450. Source: VOA The property 8 Telford Way is currently listed as Shop & Premises and has a rateable value of £2,600. Source: VOA The property 9-10 Telford Way is currently listed as Shop & Premises and has a rateable value of £14,000. Source: VOA
Services
We understand all mains services are connected to the property, save for gas.
EPC
EPCs are available upon request from the agent.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted in accordance with the RICS Property Measurement Second Edition.
Viewing
Viewings are by appointment with sole agents Innes England.