Freehold multi-let mixed-use investment producing £46,800 p.a.
Former petrol filling station on 0.25 acre site
Asset management and rental uplift potential
Alternative use and redevelopment potential, with permission previously secured for 16 flats and retail unit
Affluent village location
Excellent motorway access via M1/M69 intersection less than 3 miles distant
The property comprises a freehold multi-let mixed-use investment, on a site of 0.25-acre,providing 6 commercial units, on the site of a former petrol filling station. Occupying a a prominent position at the juncture of Cross Street and Broad Street in Enderby village centre, with multiple vehicular access points. The commercial units form an 'L-shape' configuration around a central concrete forecourt, which houses a former filling station canopy. Five of the units are within a single-story terrace beneath a flat roof, with glazed frontages. The 6th unit comprises a steel frame warehouse beneath a pitched and corrugated roof. There are small external / garden areas to the rear of several of the units. Five of the units are currently let, to a diverse range of occupants, including a car wash, taxi rank, tattoo parlour, laser clinic, tanning studio and hardware store.
The property is located within the centre of the desirable village of Enderby, approximately 5 miles to the south-west of Leicester City Centre.
Leicester is the main commercial centre and administrative capital of Leicestershire. It is a rapidly growing city, with a population of approximately 369,000 (according to the 2021 census), rising by almost 12% over the last decade, outstripping the rate of growth in both the East Midlands and England as a whole. Its central location provides excellent connectivity by road, rail, and air.
Enderby is located just 3 miles from the M1 & M69 intersection, and benefits from regular Park & Ride bus services into the city centre, making it a popular commuter locality. Fosse Park, one of the UK's largest out-of-town shopping parks, is also proximate, being within a 5-minute drivetime.
The property occupies a prominent position within the village centre. There are various local amenities within walking distance of the property, including Co-Op food store, public houses and food / beverage outlets, Enderby Leisure & Golf Centre, Brockington College and Enderby Danemill Primary School.
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