Woodcote House, Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WE

Woodcote House, Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WE

Freehold Office Investment

  • Let to AXA PPP Healthcare Limited
  • Approximately 536.22 sq m (5,722 sq ft) with 33 car parking spaces
  • Important and Well Established Business Park
  • Business Park located at the intersection of the M1 and M69 motorways
  • Asset management opportunities
  • Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>
  • Lot
    5
  • Auction
    11th December 2014
  • Rent
    £75,800 per Annum Exclusive
  • Status
    Sold
  • Price
    £690,000
  • Sector
    Office
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
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* More information on the term "guide" can be found here

Freehold Office Investment

  • Let to AXA PPP Healthcare Limited
  • Approximately 536.22 sq m (5,722 sq ft) with 33 car parking spaces
  • Important and Well Established Business Park
  • Business Park located at the intersection of the M1 and M69 motorways
  • Asset management opportunities
  • Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>
  • Lot 5
  • Auction 11th December 2014
  • Rent
  • Status Sold
  • Price £690,000
  • Sector
    Office
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
4 miles south-west of Leicester City Centre
30 miles south of Nottingham
35 miles north-east of Birmingham
Roads
A5460, A563, M1 (Junction 21), M69 (Junction 3)
Rail
Narborough Railway Station, Leicester Railway Station
Air
East Midlands Airport
Situation

The property is located on Meridian Business Park, one of Leicester’s most established office parks, which is strategically located at the intersection of the M1 and M69 motorways. The property is situated on the south side of Harcourt Way, off Meridian South, overlooking the spur road (A5460). Nearby occupiers include Smurfit Kappa, AkzoNobel, NHS, Toyota, BMW and Mini. Fosse Park and Meridian Leisure Park are also located close by.

Tenure

Freehold.

Location
Miles
4 miles south-west of Leicester City Centre
30 miles south of Nottingham
35 miles north-east of Birmingham
Roads
A5460, A563, M1 (Junction 21), M69 (Junction 3)
Rail
Narborough Railway Station, Leicester Railway Station
Air
East Midlands Airport
Situation

The property is located on Meridian Business Park, one of Leicester’s most established office parks, which is strategically located at the intersection of the M1 and M69 motorways. The property is situated on the south side of Harcourt Way, off Meridian South, overlooking the spur road (A5460). Nearby occupiers include Smurfit Kappa, AkzoNobel, NHS, Toyota, BMW and Mini. Fosse Park and Meridian Leisure Park are also located close by.

Tenure

Freehold.

Description

The property comprises a two storey office building with car parking for approximately 33 cars to the front. AXA PPP are also in occupation of Beachcroft House, adjacent to the subject property.

Six Week Completion

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a two storey office building with car parking for approximately 33 cars to the front. AXA PPP are also in occupation of Beachcroft House, adjacent to the subject property.

Six Week Completion

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x
Ground
First
Office
Office
260.86 sq m
275.36 sq m
(2,808 sq ft)
(2,964 sq ft)
AXA PPP
HEALTHCARE
LIMITED (1)
Term of years from 29/11/2007
until 25/09/2016 on a full repairing
and insuring lease
£75,800
Totals  
536.22 sq m
(5,772 sq ft)
    £75,800

(1) For the year ending 31/12/2013, AXA PPP Healthcare Limited reported pre-tax profits of £89,600,000 and a total net worth of £338,100,000. (Source: www.riskdisk.com 31/10/2014).

Property Documents

  • Site Plan
    Updated Date
    18.11.14
    File Size
    48 KB
    View PDF
  • Catalogue Page
    Updated Date
    18.11.14
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate Auctioneers
Savills 33 Margaret Street
London
W1G 0JD
James Vivian 0207 409 8731jvivian@savills.com
Seller's Solicitors
Russell-Cooke LLP 2 Putney Hill
London
SW15 6AB
Adrian Demello 0208 789 9111adrian.demello@russell-cooke.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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