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Key House & 167 Scudamore Road, Leicester, LE3 1TR

For sale: £2,600,000.00|41577 Sq Ft|Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£2,600,000.00
SIZE41577 Sq Ft
ADDRESSWanstead Rd, Leicester, LE3 1TR
TYPEOther, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON21st November 2019

DESCRIPTION

Let on new 10 year lease terms
Net rental income of 198,426.50 per annum
NIY of 7.2% after costs at 6.4%
Fixed uplift rent reviews at year 5 taking net rental income to 210,000 per annum and reversionary yield of 7.6%
Guide price of 2.6 million

LOCATION

Location: Wanstead Rd, Leicester, LE3 1TR

Leicester (3.6 miles)

Narborough (4.1 miles)

South Wigston (4.7 miles)

AGENT'S DETAILS

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