£425,000.00

Commercial information
2,539 sq ft (235 sq m) Use class orders: B1 Business
Key features
Freehold Office Building Office park location fully let
Full description
Tenure: Freehold

LOCATION

Located on the popular Hamilton Office Park a modern purpose built out of town development some 3 miles North West of Leicester City Centre

The Park has excellent links to the outer ring road (A563) providing access onto the A6/A45 and A47

DESCRIPTION

Semi-detached with views over Leicester this first floor office includes the following features:
* Double glazed windows
* Cat 2 lighting with suspended ceiling
* Gas central heating
* 4 parking Spaces

ACCOMMODATION

Ground Floor 113 m2 1,215 sqft
First Floor 123 m2 1,324 sq ft
Common entrance with WC’s off

RATING

Ground Floor Rateable Value £11,500
First Floor Rateable Value: £12,500

SERVICES

We are advised that mains drainage, water and electricity are connected to the unit

TENANCIES

The ground and first floors are let separately on the following basis
Ground Floor is let to Acquisition Services Ltd expiring 16th July 2021 at £12,500 pa
First Floor is let to Millionaire Products Limited also on a term expiring 16th July 2021 at £13,500
The Gross Initial Yield (i.e. excluding purchase costs) is therefore 6.1%