Close to Hilton Hotel and Junction 21 of the M1/M69
60 on-site car parking spaces
Lot 51
Auction 27th May 2010
Rent £165,000 per Annum
Status Sold
Price £900,000
Sector Office
Auction Venue Millennium Hotel 39-44 Grosvenor Square Mayfair London W1K 2HP
Property Information
Location
Population of Leicester
290,000
Miles
3 miles south-west of Leicester city centre
25 miles south of Nottingham
Roads
A563, M1, M69
Rail
Leicester Rail
Air
East Midlands Airport
Situation
The property is located on The Osiers, part of the modern Meridian Business Park which is strategically situated close to Junction 21 of the M1/M69. The Osiers forms a select development immediately close to the Hilton Hotel with Unit 3 fronting the main Outer Ring Road roundabout. Other occupiers nearby include Taylor Wimpey and Cunningham & Lindsey.
Tenure
Freehold.
Location
Population of Leicester
290,000
Miles
3 miles south-west of Leicester city centre
25 miles south of Nottingham
Roads
A563, M1, M69
Rail
Leicester Rail
Air
East Midlands Airport
Situation
The property is located on The Osiers, part of the modern Meridian Business Park which is strategically situated close to Junction 21 of the M1/M69. The Osiers forms a select development immediately close to the Hilton Hotel with Unit 3 fronting the main Outer Ring Road roundabout. Other occupiers nearby include Taylor Wimpey and Cunningham & Lindsey.
Tenure
Freehold.
Description
The property comprises a TWO STOREY DETACHED OFFICE BUILDING. The accommodation benefits from fully raised access floors, suspended ceilings with inset Cat II lighting and 60 on-site car parking spaces. The site area is approximately 0.44 hectares (1.09 acres).
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a TWO STOREY DETACHED OFFICE BUILDING. The accommodation benefits from fully raised access floors, suspended ceilings with inset Cat II lighting and 60 on-site car parking spaces. The site area is approximately 0.44 hectares (1.09 acres).
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
Reversion
Ground First
Office Office
605.7 sq m 634.4 sq m
(6,520 sq ft) (6,829 sq ft)
WOLVERINE EUROPE LTD (1) (FORMERLY HUSH PUPPIES UK LTD)
15 years from 28/11/1996 on a full repairing and insuring lease
£165,000
2011
Totals
1,240.1 sq m
(13,349 sq ft)
(1) For the year ending 3rd February 2009 Wolverine Europe Limited reported a turnover of ?92,411,000, pre-tax profits of ?4,745,000 and a total net worth of ?22,870,000. (Source: www.riskdisk.com 29/04/2010)