Office in Leicester City Centre LE1 4SL

Office in Leicester City Centre LE1 4SL

To Let £100,000


  • LOCATION

  • This 14,000 sq ft Office building is located off Vaughan Way, just 100 yards from the main High Cross shopping complex in the centre of Leicester.
  • Leicester is well situated in the East Midlands with easy access to the M1 and M69 Motorways providing good access into other Midlands towns and Cities. Nottingham to the North is accessed via the M1 or the A46 and Coventry to the South West via the M69 are both circa 30 miles and Birmingham via the M6 and M69 is approximately 43 miles. Other local market Towns within 20 miles of Leicester City include Melton Mowbray, Oakham, Loughborough and Market Harborough.

  • DESCRIPTION

  • The building has 2 main sections each could be self contained to occupy separate businesses if required, or allow subletting subject to landlords consent. The front elevation is 3 storey with ground floor office/showroom and first and second floor office suites. To the rear is the open plan with mezzanine office space with main reception and access to the rear car park.

  • ACCOMMODATION

  • Main reception accessed from the secure rear car park
  • Right hand open plan office space - 61 x 34 ft - 2074 sq ft
  • Main open plan office floor space - 50 x 60 ft - 3000 sq ft
  • U-shaped Mezz running around the ground floor space - Circa 2400 sq ft with 2 stair point accesses.
  • Meeting room 1 - 190 sq ft
  • Meeting room 2 - 154 sq ft
  • Meeting room 3 - 350 sq ft
  • Meeting room 4 - 270 sq ft - board room style
  • Front showroom area - 71 x 28.4 - 2000 sq ft
  • 1st Floor self contained office space - Circa 3400 sq ft - 90% refurbishment completed with new windows, flooring, electrics, just requires snagging and a kitchen.
  • 2nd Floor self contained office - circa 3000 sq ft - in need of fully renovation - brand new double glazed windows fitted.

  • AMENITIES

  • Located in Leicester City Centre and on one of the main roads around the city, close to the main John Lewis car park and Highcross shopping centre, 5 minute walk away.

  • SERVICES

  • We are advised that all main services are connected to the property. These services have not been inspected or tested by the agent.

  • TERMS

  • Currently 5 years left of a 10 year lease with a passing rent of £100,000 + VAT. The proposed transaction will be by way of a lease assignment.

  • OUTGOINGS

  • According to the valuation office agency the current rateable value is £44,000 per annum.

  • VAT

  • We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.

  • LEGAL COSTS

  • Both Parties will be responsible for their own legal costs.

  • SERVICE CHARGE

  • There is no service charge in place as their are no shared areas with other tenants.

  • PARKING NOTES

  • The property benefits from enclosed car parking to the rear for approximately 20 cars, with 3 enclosed parking units with roller shutter doors which are used currently as storage.

  • PLANNING

  • Formerly a car showroom, and now operated as multiple levels of office space.

  • OTHER

  • Finance may be available through Independent Financial Brokers and P & F Commercial would be pleased to make an introduction for you. The Brokers are completely Independent and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

  • VIEWING

  • Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com


    Property Details

    • Reference: 10690
    • Type: Offices
    • Status: To Let

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