| Type | Industrial |
| Size | 4234 |
| Rateable Value | 24000 |
| Terms | New lease, minimum 3 years. |
The property is prominently located on Parker Drive at the corner of Stadium Place, one of Leicester’s primary industrial areas, running parallel to the A6 (Abbey Lane).
The location offers excellent connectivity, with easy access to the city’s outer ring road and the wider national road network.
A detached freehold industrial premises comprising ground floor storage, workshop areas, and office space, with additional office accommodation on the first floor. Ample loading and car parking facilities are available at the front of the property.
We understand that the premises have an existing use for class B.
We understand that the property is connected to mains drainage, gas, and a three-phase electricity supply. These services have not been tested by the agent.
The premises are available on a new lease for a minimum term of 3 years and on terms to be agreed.
We are advised that the property has been elected for VAT, which will therefore be payable on the purchase price.
The incoming tenant will contribute 50% of the landlords' legal fees.
A copy is available upon request.
Lease negotiations are subject to the RICS Code for leasing business premises (1st edition, February 2020). Unrepresented parties are recommended to obtain professional advice