10 / 12 Uppingham Road Leicester Leicestershire LE5 0QD

10 / 12 Uppingham Road
Leicester
Leicestershire
LE5 0QD

Freehold Retail Investment

Let to William Hill Organization Limited on a 15 year lease until 2023 (no breaks)
Located in busy suburb to north-east of Leicester City Centre
Nearby occupiers include Nisa Convenience Store and a number of independent retailers
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
34
Auction
9th July 2015
Rent
£16,000 per Annum Exclusive
Status
Sold
Price
£265,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Retail Investment

Let to William Hill Organization Limited on a 15 year lease until 2023 (no breaks)
Located in busy suburb to north-east of Leicester City Centre
Nearby occupiers include Nisa Convenience Store and a number of independent retailers
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 34
Auction 9th July 2015
Rent £16,000 per Annum Exclusive
Status Sold
Price £265,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 23 miles south of Nottingham, 45 miles east of Birmingham, 100 miles north of London
Roads: A6, A47, M1 (J21), M69 (J1)
Rail: Leicester (1 hour 7 minutes to London St Pancras International)
Air: East Midlands Airport, Birmingham International Airport

Situation

The property is situated in a prominent position on the northern side of Uppingham Road (A47) close to its junction with Overton Road in the busy Humberstone suburb of Leicester, approximately 1 mile north-east of the city centre. The A47 is a busy road which connects Leicester city centre to the A1(M) and Peterborough to the East. Nearby occupiers include Nisa and a number of independent occupiers.

Tenure

Freehold.

Location

Miles: 23 miles south of Nottingham, 45 miles east of Birmingham, 100 miles north of London
Roads: A6, A47, M1 (J21), M69 (J1)
Rail: Leicester (1 hour 7 minutes to London St Pancras International)
Air: East Midlands Airport, Birmingham International Airport

Situation

Tenure

Freehold.

Description

The property comprises a retail unit with ancillary accommodation on the ground floor. There is currently no access to the first floor.

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 available here.

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not 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	Review/(Reversion)
Ground First	Retail/Ancillary Ancillary	69.60 sq m Not Measured	(749.17 sq ft) Not Measured	WILLIAM HILL ORGANIZATION LIMITED (1)	15 years from 01/09/2008 until 01/09/2023 on a full repairing and insuring lease	£16,000	01/09/2018 (01/09/2023)
Totals		69.60 sq m	(749.17 sq ft)			£16,000

(1) William Hill are the UK’s largest land-based bookmaker with around 2,360 licensed betting shops in the UK. (Source: www.williamhillplc.com 05/06/2015)