Opis:

Kal Sangra - Shonki Brothers are pleased to offer this single storey semi detached industrial unit with car parking to the front, side and rear which is available for sale. The property is located in Syston on the main high street, approximately 5 minutes from the town centre, within a mixed industrial and residential area. We understand that the units are currently rented, achieving a gross annual rental income of £33,500 pax.

Directions

The property is located approximately 6 miles north of Leicester City Centre, just 5 minutes drive from Syston town centre on the main high street. The property is conveniently located in a busy industrial location, and benefits from high passing trade and a nearby busy residential area. From Leicester City Centre, Syston is most easily accessed via the A607 Melton Road, heading northbound and turning left onto Broad street on your arrival into Syston.

Accommodation

The property comprises of a single storey semi-detached industrial unit of brick construction with approximately 11ft eaves height. The property totals approximately 8,911 sqft on a total site area of 1,214.6 sqm (0.3 acres). There is also substantial car parking to front, side and rear of the property. The units have a current gross annual rental income of £33,500 pax.

All measurements are approximate:

Unit:

Size (approx):

Rental Income:

103A (Front - single storey)

3,320 sqft (308.7 sqm)

£12,500 pax

103B & C (Rear - single storey)

5,591 sqft (501 sqm)

£21,000 pax

Totals:

8,911 sqft (828.7 sqm)

£33,500 pax

Total Site Area: 0.3 acres

Outside:

There is car parking to the front and side and a substantially larger car park and storage area to the rear of the property.

Lease Terms:

103A: We understand that a new 6 year lease has been agreed from June 2015 on a full repairing and insuring basis with a tenant break option after 3 years.
103B & C: We understand that the seller will complete a 6 year lease from the date of completion of purchase on an internal repairing and insuring basis subject to a photographic schedule. The tenant has an option to break at the end of the third year subject to 3 months prior written notice.

VAT:

We understand that VAT is not payable on the purchase price.

Planning:

The property is currently used as a workshop which falls under B1 (Business) use. B1 use includes a range of uses under the 'Business' classification such as laboratories, studios, light industry (workshops), and offices.

There is potential for alternative uses subject to obtaining the relevant planning permission.

Services:

Mains services are connected to the units and there is three phase electric supply. The services, fittings and appliances (if any) have not been tested by the selling agents.

Rates:

Charging Authority: Charnwood Borough Council
Description: Factory & Premises
Total Rateable Value: £25,450.00
Rates Payable: £12,394.15 approx
Period: 2015/2016

Please make your own enquiries in respect of the rating liability and small business relief.

Legal Costs:

Each party to be responsible for their own legal costs.

Energy Performance Certificate

Rating 116, Band E.

Viewing

By appointment through the sole selling agents.

Disclaimer

Important Information:

All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Shonki Brothers Ltd or its employees or agents.

Neither Shonki Brothers Ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.

The premises detailed in these particulars are offered subject to them not having been let, sold or withdrawn and Shonki Brothers Ltd will accept no liability for consequential loss arising from these particulars or any negotiations in relation thereto.

Health & Safety:

You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.