£425,000
(£179.55/sq. ft)
Property for saleJohns Court, Blaby, Leicester LE8
2,367 sq. ft
Just added
Freehold
About this property
Freehold Commercial Investment opportunity, Located in the Heart of Blaby town centre. The entire property (ground and first floor) is Let on a 10 year lease to Hay's Travel with 3.5 years unexpired.
Description
Opportunity to purchase this freehold commercial investment. Currently let out on a 10-year lease commencing 2019 to Hay’s Travel Limited.
The property occupies a prominent retail position on John’s Court, Blaby. Located on a pedestrianised retailing area and neighbouring many local and national retail brands such as Iceland, Greggs and Domino’s Pizza. Blaby Town centre is located c. 5 miles from Leicester City Centre and benefits from great motorway access onto the M1 and M69.
The property comprises ground floor retail with first floor office and storage facilities. There are WC and kitchen facilities available. There is a ground floor fire exit leading into a car park however this is not as a part of the sale, use or ownership.
Ground floor:
C. 112m sq. M – 1,205 sq. Ft
First floor:
C. 108 sq. M – 1,162 sq. Ft
Tenure:
Freehold with existing lease in place
Let out on a lease commencing 2019 for a term of 10 years to Hays Travel Limited with a passing rent of £28,500 pa plus VAT.
VAT is payable on the purchase.
Services
Services are connected but have not been tested by the agents.
Terms
We have been instructed to seek offers in the region of £425,000 for the freehold with the existing lease in place. All buyers will be asked for proof of funds in the early stages and will be required to pass aml checks.
VAT
VAT is payable
legal costs
Each party responsible for their own legal costs.
Planning
All parties to make their own enquiries in relation to planning.
Other
**if you are looking to sell or let your business premises or A going concern business transfer then please contact us at reign commercial.**
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 Reign Commercial ltd or its employees or agents.
Neither Reign Commercial 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.
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. All interested parties must follow government guidelines relating to Covid-19 when visiting the property.
Viewing
Viewing via appointment only through sole agents Reign Commercial Limited - Mr Dhaval Popat.
Description
Opportunity to purchase this freehold commercial investment. Currently let out on a 10-year lease commencing 2019 to Hay’s Travel Limited.
The property occupies a prominent retail position on John’s Court, Blaby. Located on a pedestrianised retailing area and neighbouring many local and national retail brands such as Iceland, Greggs and Domino’s Pizza. Blaby Town centre is located c. 5 miles from Leicester City Centre and benefits from great motorway access onto the M1 and M69.
The property comprises ground floor retail with first floor office and storage facilities. There are WC and kitchen facilities available. There is a ground floor fire exit leading into a car park however this is not as a part of the sale, use or ownership.
Ground floor:
C. 112m sq. M – 1,205 sq. Ft
First floor:
C. 108 sq. M – 1,162 sq. Ft
Tenure:
Freehold with existing lease in place
Let out on a lease commencing 2019 for a term of 10 years to Hays Travel Limited with a passing rent of £28,500 pa plus VAT.
VAT is payable on the purchase.
Services
Services are connected but have not been tested by the agents.
Terms
We have been instructed to seek offers in the region of £425,000 for the freehold with the existing lease in place. All buyers will be asked for proof of funds in the early stages and will be required to pass aml checks.
VAT
VAT is payable
legal costs
Each party responsible for their own legal costs.
Planning
All parties to make their own enquiries in relation to planning.
Other
**if you are looking to sell or let your business premises or A going concern business transfer then please contact us at reign commercial.**
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 Reign Commercial ltd or its employees or agents.
Neither Reign Commercial 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.
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. All interested parties must follow government guidelines relating to Covid-19 when visiting the property.
Viewing
Viewing via appointment only through sole agents Reign Commercial Limited - Mr Dhaval Popat.
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