Industrial Warehouse Showroom Under Offer For Sale

Business description

18-20 Charter Street
INDUSTRIAL/WAREHOUSE/SHOWROOM

UNDER OFFER
Centrally located with substantial mezzanine and first floor showroom

LOCATION
The property is located close to Leicester City Centre on
the junction of the Inner Ring Road (A594) and Belgrave
Gate (A607) which is the main arterial route to
Loughborough and Melton Mowbray to the north.

DESCRIPTION
The property comprises three single storey portal frame
buildings which are interlinked at both ground floor and at
mezzanine level.
The smaller of the three units is fitted out as offices with a
first floor showroom whilst the two other units retain a
storage/light industrial use each benefiting from a full
height roller shutter door.
Externally, the property has a substantial car park and
unloading area.

ACCOMMODATION
Ground Floor 1,234.1 sq m (13,283 sq ft)
Mezzanine Area 766.3 sq m (8,248 sq ft)
Total Floor Area 2,000.4 sq m (21,531 sq ft)
TOWN & COUNTRY PLANNING
We have been verbally informed by the Planning
Department of Leicester City Council that the premises
have an existing use for light industrial or warehousing
(B1 & B8) of the Town & Country Planning (Use Classes)
Order 1987.

SERVICES
We are advised that mains electricity, gas, water and
drainage are connected.

RATING
Rateable Value: £47,000
Rates Payable (2008/2009): £21,714
Based upon a Uniform Business Rate of .462 in the
pound.
(Source: VOA Website)

LEASE
The premises are available on a new ten year Lease on
full repairing and insuring terms including periodic rent
reviews.

RENTAL
The commencing rental under the Lease will be £60,000
per annum exclusive.

LEGAL COSTS
The ingoing Tenant will be responsible for the Landlord’s
legal costs incurred in connection with the Lease.

Property information

Property:

Leasehold