SOLD

TypeRetail Investments · Assured Shorthold Tenancies · Light Industrial units

LE2 99 & 99A Knighton Fields Road West, Leicester

TenureFor sale

99 & 99A Knighton Fields Road West, Leicester, LE2 1/6

Specification

Building size
Building size 2,154 sqft
Property type
Property type Retail Investments · Assured Shorthold Tenancies · Light Industrial units
Tenure
Tenure For sale

Description

The property comprises a mixed-use, semi-detached dwelling of brick construction comprising warehouse accommodation and residential premises. To the left-side, a former joiners workshop of predominantly open-plan proportions with corrugated monopitch roof over offering heights of 3m - 3.8m with concrete flooring throughout, fluorescent-strip lighting, gas blower heater, and three-phase electrics. accessed via double doors to the front of the property. To the right, entranceway to three independently serviced one-bedroom flats, all currently let on ASTs for varying terms, generating an income of £16,140 Per Annum. Externally, a block-paved forecourt provides parking for up to three vehicles, additionally a rear courtyard is included.

Location

The property is located to the south side of Knighton Fields Road West, nearby to its junction with Saffron Lane (B5366), a busy thoroughfare providing access to the Pork Pie Roundabout to the south and Aylestone Road (A426) to the North. Access to Welford Road (A5199) is provided approximately 0.4 miles to the East, this acting as an arterial route in and out of Leicester City Centre. Neighbouring operators are predominantly residential with nearby amenities provided at Saffron Lane.

Amenities

Resi income £16,140 pa

ERV (Whole) £31,800 pa 8.5% yield

Forecourt parking

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