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Industrial Unit

Industrial Unit For Sale Leicester

PROPERTY ID: 127980

PROPERTY TYPE

Industrial Unit

STATUS

Available

SIZE

2,154 sq.ft

Key Features

REDUCED PRICE
Three self-contained flats
Residential ERV: £21,000 PA
Gross ERV (Whole): £36,000 PA (10.3% GIY)
Forecourt parking

Property Details

The property is located to the south side of Knighton Fields Road West, nearby to its junction with Saffron Lane (B5366), a busy thoroughfare providing access to the Pork Pie Roundabout to the south and Aylestone Road (A426) to the North. Access to Welford Road (A5199) is provided approximately 0.4 miles to the East, this acting as an arterial route in and out of Leicester City Centre. Neighbouring operators are predominantly residential with nearby amenities provided at Saffron Lane.

The Property Comprises A Mixed-use, Semi-detached Dwelling Of Brick Construction Comprising Warehouse Accommodation And Three Residential Flats.

To The Left-side, A Former Joiners Workshop Of Predominantly Open-plan Proportions With Corrugated Monopitch Roof Over Offering Heights Of 3m - 3.8m With Concrete Flooring Throughout, Fluorescent-strip Lighting, Gas Blower Heater, And Three-phase Electrics With Access Provided Via Double Doors To The Front Of The Property. We Attribute An Erv Of Approximately £15,000 Pa Exc. To This Section.

To The Right, Entranceway To Three Independently Serviced One-bedroom Flats, All Offering Vacant Possession And In Need Of Some Renovation, Providing A Value-add Opportunity For Any Prospective Purchaser. We Envisage A True Erv Of Approx. £650 Pcm Per Flat Following Completion Of Expected Works.

Externally, A Block-paved Forecourt Provides Parking For Up To Three Vehicles.
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About the Agent

Andrew & Ashwell Ltd

See Agent's Other Properties

Industrial Unit

£350,000 Freehold

99 & 99a Knighton Fields Road West, Leicester, LE2 6LH
Industrial Unit - Available
2,154 sq ft
200 sqm
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