Comprises two shops with separately accessed offices on the first floor
Retail entirely let to William Hill (part sublet to Subway)
Immediate asset management opportunities - including first floor lease renewal or possible change of use opportunity (subject to lease and consents)
Lot 2
Auction 18th September 2025
Rent £33,500 per Annum Exclusive (2)
Status Available
Guide* £250,000
Sector High Street Retail, Office, Development
Auction Venue Live Streamed Auction
On Behalf of a Real Estate Investment Trust
Property Information
Location
Miles
5 miles north east of Leicester, 18 miles south of Nottingham
Roads
A46, A607,
Rail
Syston Railway Station
Air
East Midlands Airport
Situation
Syston is a popular suburb 5 miles north east of Leicester. The property is prominently situated on the north side of Melton Road, the primary retailing thoroughfare providing direct access from Syston to Leicester. Nearby occupiers include Costa, B&M, Cardfactory, Savers and The Food Warehouse.
Tenure
Freehold.
Location
Miles
5 miles north east of Leicester, 18 miles south of Nottingham
Roads
A46, A607,
Rail
Syston Railway Station
Air
East Midlands Airport
Situation
Syston is a popular suburb 5 miles north east of Leicester. The property is prominently situated on the north side of Melton Road, the primary retailing thoroughfare providing direct access from Syston to Leicester. Nearby occupiers include Costa, B&M, Cardfactory, Savers and The Food Warehouse.
Tenure
Freehold.
Description
The property comprises two ground floor shops together with separately accessed office accommodation on the first floor and accessed from Melton Road.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two ground floor shops together with separately accessed office accommodation on the first floor and accessed from Melton Road.
VAT
VAT is 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 sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground
Retail
192.06
(2,067)
WILLIAM HILL ORGANIZATION LIMITED (part sublet to Subway Realty Limited)
20 years from 22/06/2007
£26,000
First
Offices
172.18
(1,853)
DUE DILLIGENCE CHECKING LIMITED
3 years from 14/01/2009 (Holding Over)
£7,500
Total
364.24
(3,920)
£33,500
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
