Commercial property for sale in Spa Place, 36-42 Humberstone Road, Leicester, Leicestershire LE5

£2,050,000 (£90.38/sq. ft)
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Commercial property for sale

22,683 sq. ft*

Property features

  • Let to Rothera Bray llp Solicitors
  • Term expiry November 2029, tenant break option 1st May 2026
  • Rental income £150,000 per annum exclusive
  • Price: £2,050,000 to reflect an attractive initial yield of 7.32%

Property description

The site is made up of three component parts; the former residential building fronting Humberstone Road that now provides the main office accommodation. This building, with a Grade II listing, is elegant in appearance and is constructed in brickwork under a pitched slate roof incorporating large sash windows. The principal access into the building is from the internal courtyard and car park. Internally, the accommodation is well appointed, providing a mixture of open plan and more cellular office areas over three floors, together with significant basement storage. There is the usual arrangement of kitchen, WC and client facing areas.

The offices are then linked at first floor level into what was originally a hall, but which has now been refurbished sensitively to provide offices at ground floor level, together with further galleried office accommodation at first floor level that overlooks the ground floor. An attractive feature of this part of the property is the large basement, providing either storage or ancillary accommodation.

Adjacent to the entrance from Humberstone Road is a more recent building that is primarily single-storey in design and partially used to provide further office accommodation, together with garaging and first floor storage.

A significant feature of the site is the level of on site car parking within the courtyard that provides some 35 spaces.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Innes England, LE1 on +44 116 484 6470 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Innes England, and do not constitute property particulars. Please contact Innes England for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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