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Hamilton House, 21 Mountain Road, LEICESTER, LE4 9HQ

For sale: £4,600,000.00|61630 Sq Ft|General Industrial, General Industrial, Industrial

PROPERTY DETAILS

FOR SALE£4,600,000.00
SIZE61630 Sq Ft
ADDRESSHamilton House, 21 Mountain Road, LEICESTER, LE4 9HQ
TYPEGeneral Industrial, General Industrial, Industrial
TENUREUnder Offer, For Sale Freehold
POSTED ON22nd August 2020

DESCRIPTION

Industrial premises subject to a tenancy (see www.andash.co.uk Document Centre), 9 years term certain, rent rising from £300,000pa to £330,000pa

Exceptional detached single storey industrial/warehouse unit with high quality two storey front offices constructed circa late 1990's.The building to site ratio is 42% Site area 1.18 Hectares (2.94 Acres)
FEATURES
Warehouse
Height 6.13m to 8.9m
2 x dock levellers
3 x ground level loading doors
Gas heating
Flush fitted lighting
Substantial dedicated service yard (expired consent to extend)
Offices
Feature reception
2.94m ceiling/floor
6 person lift
Air-Con
Central heating
Access floors
LED lighting
High specification demountable partitions
Aluminium double glazed sealed windows
IT Networked
GF Canteen, Staff welfare, storage
Secure 44 space paved car park

Low capital value
Low rent
Premier location
Grade A specification
Low site cover (elapsed planning to extend)
9 years term certain
Net Initial yield (1% fees + Stamp duty) 6.34% rising to 6.98% Aug 2025

( Agency Pilot Software Ref: 839 )

LOCATION

Location: Hamilton House, 21 Mountain Road, LEICESTER, LE4 9HQ

Syston (2.1 miles)

Leicester (3.0 miles)

Sileby (4.8 miles)

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