£875,000.00

Freehold industrial unit for sale with vacant possession.

LOCATION
Earls Way Industrial Estate in Thurmaston is 4 miles north of the Leicester city centre and lies just outside the A563, Leicester’s outer ring road.
The estate itself is just off Red Hill Lane. Red Hill Lane can be accessed via the A607 (Newark Road).

DESCRIPTION
The subject property comprises of an industrial unit with brickwork elevations under a pitched roof, with a solid concrete floor and eaves height of 4.49 m and a two-storey block-built office section at the rear.
The property benefits from roller shutter access to the front elevation and side elevations (at mezzanine level), a purpose built 2-storey office block to the front and a small service yard area to the front.

There is car parking for several vehicles along the side.

ACCOMMODATION

Ground floor – 12,429 sq ft / 1,154 sq m

First floor – 1,273 sq ft / 118 sq m

Mezzanines – 4,779 sq ft / 444 sq m

Total area – 18,481 sq ft / 1,716 m² inc. mezzanine

USER

We understand that the premises have an existing use for Class E (formerly B1/B8).

SERVICES

We are advised that there is mains drainage, gas and a three-phase electricity supply provided to the premises but have not been tested by the Agent.
It should be noted that the sprinkler system is shared with the neighbouring units.

TERMS

The premises are available on a freehold basis subject to vacant possession.

LEGAL COSTS

Each party will bear their own legal costs.

APPLICATION FEE

Interested parties will be required to pay an application fee of £175 + VAT in respect of AML and proof of funds checks.

ENERGY PERFORMANCE CERTIFICATE
A copy will be made available

UNREPRESENTED PARTIES
Lease negotiations are subject to the RICS Code for leasing business premises (1st edition, February 2020).  Unrepresented parties are recommended to obtain professional advice.

RATING ASSESSMENT

Rateable Value: £ tbc

The rating assessment currently includes neighbouring property and will need to be reassessed.