Key Information
- Total GIA: 60,825 sq ft (5,650.78 sq m)
- Site area: circa 1.99 acres (0.807 ha)
- Positioned in an established industrial area
- Purchase Price: £4,500,000
- £4,500,000
The property is a substantial single-storey factory / warehouse with two-storey offices. The building is of traditional brick construction with a mixture of flat and north roof light sections. The offices include a reception area, showroom areas, offices, WC's and a kitchen/ The specifications include gas central heating, part suspended strip lights and category II lighting. The accommodation is broadly open plan with some sib-partitioning to form additional rooms. The main warehouse is of brick cavity construction with concrete floors with an eaves height ranging between of 3.50m - 4.00m. The specifications include strip lighting and a Powermatic space heater with directional vents providing heating to the rear of the main warehouse. There are number of storerooms to the side and rear of varying sizes all providing similar accommodation to the main warehousing. Externally, there are two access points off Thurmaston Boulevard and Barkby Road and surfaced circulation, parking and loading facilities, the latter via a roller shutter door to one of the ancillary rooms to the side of the main warehouse.
Location
The premises are located in Leicester which is the second largest City within the East Midlands, some 20 miles south of Nottingham and 43 miles north-east of Birmingham. The City lies to the east of the M1 motorway with the main junctions being Junction 21 (M69), Junction 21a (A46) and Junction 22 (A511/A50). Rail connections to London are relatively frequent with London St Pancreas reached in just over 1 hours travelling time. The central geographical location and close proximity to the national motorway network has had an important effect on the local economy, notably in respect of distribution. The property occupies a prominent position fronting Thurmaston Boulevard which is a distributor road running parallel to Troon Way (A4563) at its junction with Barkby Road, approximately 3 miles north-east of Leicester City Centre. Troon Way forms part of Leicester's ring road system and links via the A46 with Leicester's Western Bypass which provides access to Junction 21a of the M1 motorway. There is also rear access from Barkby Road.
VAT
VAT may be applicable.
Rates
Property Description: Factory & Premises Rateable Value: £150,000 Approx Rates Payable: £72,000 (based on the standard non-retail, hospitality and leisure multiplier of 48p, effective until April 2027). Source: (VOA)
Services
We understand all mains services are connected to the property.
EPC
The premises have an EPC assessment of: E (114)
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 property has authorised use from the Local Planning Authority under Use Class E / B8 of the Town and Country Planning (Use Classes) (Amendments) (England) Regulations 2020. Interested parties are advised to make their own enquiries with the Local Planning Authority in this regard.
Viewing
Viewings are by appointment with sole agents Innes England