Opis:

A first and second floor property located on London Road, along a well known parade of shops converted into student flats. Briefly, the property comprises 6 bedrooms with en-suite facilities on the first floor and 5 bedrooms with en-suite facilities on the second floor with kitchen facilities on each floor. The property benefits from a secure entry system with each bedroom benefitting from electric heating.

We understand the property has been let for the 2015/16 student term, from 1 August 2015 - 30 June 2016 at £105 per week per person, giving a gross rental income of £55,440 per annum.

Directions

The accommodation is located on London Road, close to the Evington Road junction and just before St Albans Road. The accommodation is conveniently located above a Sainsburys Local store and within walking distance of Leicester Train Station, Leicester City Centre and both Universities.

Accommodation

Floor

Rooms

Current rent per week (£)

Total current rent per annum (£)

Rent for 2015/16 term (£)

Total Rent for 2015/16 term per annum (£)

First

6 rooms

Vacant

105.00

30,240

Second

5 rooms

90.00

21,600

105.00

25,200

Total

21,600

55,440

Planning:

We have been advised there is potential for a 12th bedroom subject to obtaining planning permission.

Tenure:

We understand the property is available on a leasehold basis, a 125 year lease at a peppercorn rent.

Services:

The services, fittings and appliances have not been tested by the agents.

VAT:

We understand that VAT is applicable on the purchase price.

Council Tax

First Floor flat falls within Council Tax Band 'B' which is £1,176.22 for the year 2014/15.
Second Floor flat falls within Council Tax Band 'A' which is £1,008.19 for the year 2014/15.

Energy Performance Certificate

The First Floor has an energy rating of 33 - Band F.
The Second Floor has an energy rating of 24 - Band F.

Viewing

By appointment through the sole selling agent.

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.