Description:

A substantial 5 storey building of 22,604 sqft approx., with lift access and in need of complete renovation. The property has planning permission for 43 flats with some car parking.

Directions

The property is located in Frog Island within the £26m Leicester City Council Waterside development area.

Accommodation

All measurements are approximate:

Basement:
3,818 sqft (354.7 sqm)

Ground Floor:
4,616 sqft (428.8 sqm)

First Floor:
4,689 sqft (435.6 sqm)

Second Floor:
4,696 sqft (436.3 sqm)

Third Floor:
4,786 sqft (444.6 sqm)

Total GIA: 22,604 (2,100 sqm)

Outside:

Yard providing car parking spaces.

Planning:

Existing B2 (General Industrial) Use.

Planning permission 20100251 dated 11.03.11 granted for change of use to 43 flats comprising 16 x studio flats, 18 x 1 bedroom flats and 9 x 2 bedroom flats plus some car parking.
We understand this has been implemented.
Local Planning Authority: Leicester City Council (0116) 454 3000.

Note:

Extended 8 week completion.

Tenure:

Freehold, subject to existing lease.

Lease for 20 years from 16.02.07 to T-Mobile for telephone mast at £6,500 pa, with a rent review in 16.02.17 and tenant break clause after 31.12.23.

Energy Performance Certificate

The property has an energy performance rating of 116 - Band E.

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The premises detailed in these particulars are offered subject to them not having been let, sold or withdrawn and Shonki Brothers Ltd will accept no liability for consequential loss arising from these particulars or any negotiations in relation thereto.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