Nile House, Leicester Road, Lutterworth, Leicestershire

£110,000

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Key Features

  • Modern air conditioned premises
  • GIA 63.21 sq. m. (680 sq.ft.)
  • Ample on site car parking
  • Excellent main road frontage
  • Located on the edge of Lutterworth Town Centre
  • Secured by metal fencing and gates
  • Detached single storey building
  • Close to Magna Park
  • 8 car parking spaces
  • £9,750 per annum leasehold

Description

Location

The property comprises a detached single storey retail unit constructed in circa 2004. The single storey building is of brickwork construction and surmounted by a pitched slate roof.



Internally, the unit has been finished to a very high specification to include heating, air conditioning, kitchenette, shower and toilet facilities with perimeter trunking and carpeted flooring.



Fronting the unit is a tarmacadam car park which is demised to the premises for private parking and is secured by metal fencing and gates.



The GIA 63.21 sq. m. (680 sq. ft.) to include kitchen and toilet facilities.



The subject property is located on the edge of Lutterworth Town Centre in an established retail and commercial position fronting the main Leicester Road. The building, which is in excellent order provides opportunities for a variety of passing trades, which would be suitable under an 'E' use class. The site offers excellent access to the M1 north and south with Leicester Road being approximately 10 miles distant.



Lutterworth is a market town and in the civil parish of the Harborough district of Leicestershire. The town is located in southern Leicestershire with its close boarders being with Warwickshire and Northamptonshire.



As at the 2011 Census Lutterworth has a population of 9,535. The close proximity of Magna Park and other significant local employers means that Lutterworth has continued to grow and is due to expand even further over the coming years and offers great potential for the future.

Accommodation

The property is available by way of a full repairing and insuring lease at a rent agreed of £9,750 per annum exclusive



Planning

We are advised that all mains services are connected to the property, including mains water, drainage, gas and electricity and confirm that the tenant will be responsible for all services from the date of access.



We would, however, advise interested parties to undertake their own enquiries as to the adequacy and availability of these services, which have not been tested or verified by Howkins and Harrison.

Services

Under the 2017 rating list, the property is currently at a rateable value of £6,800. The property therefore qualifies for 100% business rates relief on the assumption that the occupier qualifies for the same.



For clarification on business rates, we would advise that interested parties make their own enquiries at the planning department of Harborough District Council on 01858 821100.

Outgoings/Rates

TBC

Viewings

TBC

Disclaimer

If the property is let, the ingoing tenant will be responsible for the Landlord's reasonable legal costs incurred in the transaction.