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Investment For Sale, Leicester, Leicestershire

Investment in Leicester
Investment in Leicester
Investment in Leicester
Investment in Leicester

Property ID: 160832

£925,000 Freehold

20 Britannia Way & 928 Melton Road, Britannia Way, Leicester, Leicestershire, LE4 8JY

Type Investment
Status Available
Size 22,313 sq ft / 2,073 sq m
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Description

*** Substantial Mixed-use Investment Opportunity ***<br>
<br>
Freehold For Sale _ Prominently Positioned Fronting Melton Road At Its Junction With Britannia Way<br>
_ Longer Term Development Opportunities<br>
_ Current Income: £49,900 Per Annum<br>
_ Increasing To: £55,875 Per Annum (pending Lease Renewals)<br>
_ Estimated Rental Value: £110,000 Per Annum Following Division And Refurbishment Of Unit 20 Britannia Way<br>
_ Low Capital Value: Approximately £41 Per Sq Ft<br>
_ Multi-let Site Incorporating A Number Of Occupiers Within Self-contained Units<br>
_ To The Front Of The Site Is An Open Parking Area Providing A Good Level Of Parking To The Tenant Occupiers And <br>
Prominence To Melton Road. 928 Melton Road & Unit 20 Britannia Way, Thurmaston<br>
_ 928 Melton Road: All Existing Tenants Have Either Completed Or Committed To Lease Renewals With The <br>
Exception Of A New Letting To Raani's Cafe On In April 2026<br>
<br>
928 Melton Road Is A Two-storey Brick-built Building Beneath A Flat Roof Incorporating Current Occupiers Including Café, Office, Gymnasium. To The Rear Is An Additional Section Below A Pitched Roof Currently Occupied As A Banquet Centre And Popular Entertainment Venue.<br>
<br>
Round Floor:<br>
928 (front Rhs) - Café<br>
928a (rear) - Banqueting Suite<br>
928c (rear Rhs) - Fitness Suite<br>
928d (front Lhs) - Offices<br>
<br>
First Floor:<br>
Currently Occupied As A Gymnasium And Fitness Studio With Ancillary Accommodation.<br>
<br>
Unit 20 Britannia Way Is To The Rear Providing A Twin-bay Factory Unit, Currently Vacant, Divisible Into Three Units, Offering Opportunity For Refurbishment, Splitting And Alteration Subject To Purchaser Requirements.<br>
<br>
The Unit Benefits From 3x Loading Doors And Currently 2x Independent Entrance Doors. Subject To Appropriate Consents, The Site Offers Opportunity For Division To Create Two Or Three Sought-after Small Industrial Units. Alternatively, It Offers Cost-effective Accommodation For A Single Occupier. The Unit Benefits From Office, Kitchen, Wc, Workshop, Loading Area, Separate Workshop With Wc And Loading Door, Accessed From A Secure Steel Palisade Fenced Yard<br>
With Additional Workshop/factory Space And Steel Roller Shutter Loading Access Door.<br>
<br>
The Subject Property Is Located On Britannia Way In Thurmaston, A Large Village Immediately To The North-east Of Leicester. The Site Itself Is Positioned Just Off The A607 (melton Road) Close To The Major Junction With The B667 (thurmaston Retail Park Roundabout), Providing Superb Access To The A46 And Leicester Ring-roads Which Offer Access To The Wider Leicester Conurbation. The Location Is Predominantly And Urban And Commercial Area With Retail Parks, Trade Businesses, Leisure Facilities And Residential Neighbourhoods. Nearby Occupiers Include Asda, Costco And Dunelm.
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Mather Jamie
Mather Jamie View all properties

Property ID: 160832

Investment For Sale, Leicester, Leicestershire
£925,000 Freehold

20 Britannia Way & 928 Melton Road, Britannia Way, Leicester, Leicestershire, LE4 8JY

Investment|Available|22,313 sq ft / 2,073 sq m

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Mather Jamie
Mather Jamie View all properties
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