News Shop, 5-7 Long Street Stony Stanton Leicestershire LE9 4DQ

News Shop, 5-7 Long Street
Stony Stanton
Leicestershire
LE9 4DQ

Freehold Retail and Residential Investment with Potential

Fully let until 2017 (subject to option)
Adjacent to The Bulls Head public house
0.07 hectare site
11 miles south of Leicester
Nearby occupiers include Lloyds Pharmacy and The Blue Bell public house
Large garden to the rear

Lot
45
Auction
9th December 2010
Rent
£13,300 per Annum Exclusive
Status
Sold
Price
£140,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Retail and Residential Investment with Potential

Fully let until 2017 (subject to option)
Adjacent to The Bulls Head public house
0.07 hectare site
11 miles south of Leicester
Nearby occupiers include Lloyds Pharmacy and The Blue Bell public house
Large garden to the rear

Lot 45
Auction 9th December 2010
Rent £13,300 per Annum Exclusive
Status Sold
Price £140,000
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

11 miles south-west of Leicester; 30 miles north-east of Warwick; 37 miles east of Birmingham
Roads: M69, M1, A5
Rail: Hinckley Rail, Narborough Rail
Air: Birmingham International Airport

Situation

Stoney Stanton is a historic village that is noted in the Domesday Book. The property is located on the east side of Long Street close to the junction with New Road (B581). The property is a comfortable commuter distance from Leicester.

Tenure

Freehold.

Location

11 miles south-west of Leicester; 30 miles north-east of Warwick; 37 miles east of Birmingham
Roads: M69, M1, A5
Rail: Hinckley Rail, Narborough Rail
Air: Birmingham International Airport

Situation

Tenure

Freehold.

Description

The property comprises a GROUND FLOOR RETAIL UNIT with SELF-CONTAINED RESIDENTIAL ACCOMMODATION on the first floor. The GROUND FLOOR SHOP UNIT has the benefit of access to the rear via Broughton Road. The property has a LARGE GARDEN to the rear. The site extends to approximately 0.07 hectares (0.16 acres).

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
Ground First	Retail Ancillary	75.90 sq m 26.60 sq m	(817 sq ft) (286 sq ft)	EASTCLIFFE NEWS SHOP LTD (t/a News Shop)	10 years from 29/06/2007 on a full repairing and insuring lease (1)	£13,300	June 2012
Totals		102.50 sq m	(1,103 sq ft)			£13,300