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Agent's details

Property agent
Alex Reid

73, 75, Cambridge Road, Whetstone, Leicester, Leicestershire, LE8

For sale: £4,400,000.00|76,176 Sq Ft|General Industrial, Other, Industrial, Other Property Types & Opportunities

Property details

FOR SALE£4,400,000.00
SIZE76,176 Sq Ft
ADDRESS73, 75, Cambridge Road, Whetstone, Leicester, Leicestershire, LE8
TYPEGeneral Industrial, Other, Industrial, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON30th August 2022

Description

UNEXPECTEDLY RE-OFFERED

NEW REDUCED PRICE and RENT reflecting approximate Yield 8.1% allowing for purchasers costs at 6.5%

LONG INCOME VIRTUAL FREEHOLD INDUSTRIAL SALE AND LEASEBACK OPPORTUNITY

* 76,086 SQ FT ACROSS 4 BUILDINGS
* RENT £380,000 PER ANNUM
* SITE AREA OF 3.25 ACRES
* LET TO C S ELLIS ( GROUP ) LTD

C S Ellis ( Group ) Ltd is a is a Logistics Services Company, operating from four locations in the East Midlands, we have an excellent reputation built on generations of experience and we combine traditional values of customer service and professionalism with modern freight best practice and innovation. They provide UK Pallet Distribution, a National Palletised Hazardous Delivery Service, European and International Freight Distribution, Commercial Warehousing,
Export Packaging and Workshop and Recovery Breakdown Service.

Unit 58 comprises a stand alone purpose built warehouse of steel portal frame construction, part brick and part steel profile clad elevations under a steel profile clad roof. Externally there is a yard and 2 roller shutter doors and an eaves height of 5.79m.

Unit 73 comprises a steel truss framed building with steel profile cladding under a pitched asbestos roof with gable end loading on 2 elevations. The building
has an eaves height of 9.25m. Unit 73 also benefits from a two storey brick built office building, with car parking and yard area.

Unit 75 comprises high bay warehouse of 15m to the eaves, steel truss roof with asbestos cladding. There are 3 roller shutter access doors.

Whetstone is a popular town situated approximately 5.8 miles to the south of Leicester city centre, and just 4 miles away from the M1/M69 motorway junction. It provides good road links for the greater midlands road network. Locally there are numerous towns nearby including Blaby, Wigston and Narborough.

Nearby occupiers on the estate include Cromwell Tools, GeoAmey, Gee Force Logistics, Cavendish Nuclear, Coba Plastics and Beaver Bus. ( Agency Pilot Software ref: 4628 )

Location

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Location: 73, 75, Cambridge Road, Whetstone, Leicester, Leicestershire, LE8

Narborough (1.1 miles)

South Wigston (2.5 miles)

Leicester (5.2 miles)

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