43 - 45 & 47 Blackbird Road
Leicester
LE4 0AJ

Freehold Trade Counter Investment

  • Fully let to Speedy Asset Services Limited
  • Planning use open A1 including cash and carry
  • Car parking for approximately 18 cars
  • Large open storage yard to the rear
  • Lot
    20
  • Auction
    07/Dec/2017
  • Rent
    £119,600 per Annum Exclusive
  • Status
    Sold
  • Price*
    £1,425,000
  • Sector
    Trade Counter
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • 43 - 45 & 47 Blackbird Road<br>Leicester<br>LE4 0AJ
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Property Information

Location
Miles
Less than 1 mile from Leicester City Centre, 21 miles south of Nottingham, 34 miles north-east of Birmingham
Roads
A50, A6, M1
Rail
Leicester Railway Station
Air
Birmingham International Airport
Situation

The property is prominently situated on the south side of Blackbird Road, less than a mile from Leicester City Centre. Nearby occupiers include Aldi, Halfords, B&Q, The Range, Home Bargains and Travis Perkins

Tenure

Freehold.

Description

The property comprises a site of approximately 0.27 hectares (0.68 acres) with a site coverage of 46%, upon which there are two large buildings with combined car parking for approximately 18 cars and an open storage yard to the rear. The property may be suitable for longer term redevelopment to residential, subject to obtaining the necessary consents.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

Buyer's Legal 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 advisable. For more information, please click here.

Tenancy & Accomodation

UnitFloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
43-45GroundIndustrial
603.7 sq m
(6,498 sq ft)
SPEEDY ASSET
SERVICES LTD a
subsidiary of Speedy
Hire plc (1)
10 years from
20/10/2011
£59,000 (2)27/10/2021
47GroundIndustrial
794.8 sq m
(8,555 sq ft)
SPEEDY ASSET
SERVICES LTD a
subsidiary of Speedy
Hire plc (1)
10 years from
20/10/2011
£60,600 (2)27/10/2021
Totals 
1,398.5 sq m
(15,053 sq ft)
  £119,600 

(1) Speedy Hire are the UK’s leading tools, equipment and plant hire services company, trading from in excess of 220 locations with 3,800 employees.
(2) The rent was increased at the 2016 rent review from £35,000 for 43-45 and £45,000 for unit 47.

Property Documents

  • Catalogue Page
    Updated Date
    14.11.17
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    14.11.17
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44(0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Underwood Vinecombe LLP Telford House, Outrams Wharf, Little Eaton
Derby
DE21 5EL
Mark Vinecombe 01332 836 661mark@uvlegal.co.uk

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