£19,750.00

LOCATION

Situated on the Welford Road (A5199), a main arterial route into the City of Leicester, roughly a mile from the railway station and city centre and close to the University and Clarendon Park.

The property is located on the busiest section of Welford Road amongst a parade of commercial and retail units and close to Freemans Common. The area in general is subject to massive investment by Leicester University in student accommodation.

DESCRIPTION
A ground floor brick-built retail unit with aluminium front, internal storage room, WC and kitchen area.

There are electric shutters to the doors and windows and cat 5 cabling throughout.

ACCOMMODATION

Measurements gross internal:

Ground 99.50 m² 1071.01 sq ft

Internal width 5.5 m 18’09”
Internal depth 20.45 m 51’4”

TENANCY

The property is available on a new lease of not less than 3 years with 3 yearly reviews

RATING

Rateable Value: £8,200.00 pa
Rates Payable: £4,091.80
(based on a UBR of £0.499 p/£)

Please note that the premises qualify for small business relief and no rates will be payable by qualifying tenants.

SERVICES

We are advised that mains drainage, water and single-phase electricity supply are connected to the property.

VAT

We are advised that the Landlord has not opted to tax and therefore VAT will not be payable.

EPC RATING

TBC
COSTS

There will be an application fee of £175+VAT and Lease costs of £250+ VAT
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