Key Information
- Total GIA: 3,855 sq ft (358.10 sq m)
- Flexible industrial accommodation
- First floor 2 bed flat
- Price £360,000 / Rent £21,000 pax
- Price £360,000 / Rent £21,000 pax
The property comprises a part single storey, part two storey brick built building, with the two storey element positioned beneath a flat roof and the single storey section featuring a steel framed structure with corrugated roof sheeting. Internally, the ground floor is arranged into three functional zones: a front office suite, a central workroom, and a rear warehouse/workshop area. The ground level also incorporates ancillary storage and welfare facilities. The first floor provides a self contained 2 bedroom flat, currently let and generating a rental income of £800 per calendar month. Externally, the property benefits from a secure, gated rear yard, offering convenient loading space along with on site car parking.
Location
The property enjoys a prominent position at the junction of Cedar Avenue and Moat Street in Wigston, just half a mile south of the town centre and around 4.5 miles from Leicester city centre. Its location offers strong connectivity, with convenient access to Bull Head Street (A5199), South Wigston railway station approximately 1.1 miles away, and frequent local bus services. A wide range of amenities is easily accessible within Wigston's established town centre, where a mix of national retailers and independent operators provide a vibrant and well supported environment.
VAT
All figures are exclusive of VAT.
Rates
The property is currently listed as Warehouse and Premises and has a rateable value of £14,250.00. Source: VOA
Services
We understand that all mains services are connected to the property.
EPC
The premises have an EPC assessment of: 53 Moat Street: E - 114 2 Cedar Avenue (Flat): D - 58
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
We understand the ground floor of the property has the benefit of authorised use from the local planning authority under Use Class E of the Town and Country Planning (Use Classes) (Amendments) (England) Regulations 2020. The first floor has consent under Class C3 Dwellinghouse Use of the Town and Country Planning (Use Classes) (Amendments) (England) Regulations 2020.
Viewing
Viewings are by appointment with sole agents Innes England.