43 - 45 & 47 Blackbird Road Leicester LE4 0AJ

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
    7th December 2017
  • Rent
    £119,600 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,450,000
  • Sector
    Trade Counter
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

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 7th December 2017
  • Rent
  • Status Sold
  • Price £1,450,000
  • Sector
    Trade Counter
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

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.

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

EPC

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

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

EPC

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

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
43-45 Ground Industrial
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
47 Ground Industrial
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
    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
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@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

Useful Links

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

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