Industrial Unit For Sale, Leicester
4 photos
£350,000 Freehold
99 & 99a Knighton Fields Road West, Leicester, LE2 6LH
Type
Industrial Unit
Status
Under Offer
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.
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.
Location
Andrew & Ashwell Ltd
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