FOR SALE Plots A & B + Station Avenue LOUGHBOROUGH + LE11 5DZ

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FOR SALE PART LET SITE WITH DEVELOPMENT POTENTIAL

Plots A & B + Station Avenue LOUGHBOROUGH + LE11 5DZ

7,255 - 18,590 Sq Ft (673.99 - 1,727.01 Sq M) £450,000 - £1,150,000

• Development potential STP • Plot A (0.66 acres) - Vacant • Plot B (1.07 acres) - Short term let to Travis Perkins at £45,000 per annum, expiring September 2019. • Adjoining Loughborough's proposed new Lidl store. •

0116 254 1220 l andash.co.uk l 53 London Road, Leicester LE2 0PD

Plots A & B + Station Avenue LOUGHBOROUGH + LE11 5DZ

0116 254 1220 l andash.co.uk l 53 London Road, Leicester LE2 0PD

THE PROPERTY

Location Station Avenue is located off the main A6 Leicester/Derby Trunk Road, ½ mile north of Loughborough town centre. The site borders the Burleigh Brook to the northern boundary with residential developments to the south & west boundaries. The site is within close proximity to the Belton Park industrial estate servicing a number of the town's main employers including 3M Healthcare and Artform international. Loughborough is a market town in the East Midlands distant to the following: •

Leicester



Nottingham 16 miles



Derby

22 miles



M1 (J23)

3 miles

12 miles

SAT NAV:

0116 254 1220 l andash.co.uk l 53 London Road, Leicester LE2 0PD

LE11 5DZ

Plots A & B + Station Avenue LOUGHBOROUGH + LE11 5DZ

Description

Accommodation

Plot A The site is approximately 0.66 acres. The property is an open plan workshop of portal frame construction (eaves of 3.3m) with brick elevations under a pitched asbestos sheet covering. Vehicular access is via a roller shutter to the front elevation. Internally the accommodation provides a reception leading to offices, kitchen and WC facilities adjoining the main workshop. Externally there is a large concrete forecourt providing ample loading and car parking. The site is secured with perimeter fencing Rateable Value (2018):

£28,250

DESCRIPTION

SIZE (SQ FT)

SIZE (SQ M)

Plot A Wharehouse

7,255

674

Plot B Workshop

11,335

1,053

TOTAL

18,590

1,727

Plot B The site is approximately 1.07 acres. The building provides a twin bay warehouse of portal frame construction with brick elevations under a pitched sheet covering. Loading is via timber slide doors to the front elevation. Internally the accommodation provided a trade counter with a range of cellular offices, kitchen, WC facilities adjoining the main warehouse. The building sits on a large concrete yard providing a one way system for deliveries and loading. The site is secured with perimeter fencing. Rateable Value (2018):

0116 254 1220 l andash.co.uk l 53 London Road, Leicester LE2 0PD

£37,750

Plots A & B + Station Avenue LOUGHBOROUGH + LE11 5DZ

Right of Way

Price

The land shown hatched blue will be sold as part of Plot B with the appropriate rights of way given to plot A. The owners of Plot A will contribute towards the maintenance and repairs of the Avenue.

Plot A is available with vacant possession at an asking price of £450,000. Plot B is subject to a lease to Travis Perkins (properties) Ltd at a rent of £45,000 per annum expiring on 6th September 2019 at an asking price of £700,000. Consideration will be given to the disposal of both sites together.

Energy Performance Certificate An EPC is available on request.

VAT Prices are quoted excluding VAT.

Viewing Strictly by appointment with the sole agent

Tom Meynell BSc MRICS

Malcolm Grayson BSc MRICS

[email protected]

[email protected]

These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Andrew & Ashwell or its employees or agents. Neither Andrew & Ashwell nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars. The premises detailed in these particulars are offered subject to them not having been let, sold or withdrawn and Andrew & Ashwell will accept no liability for consequential loss arising from these particulars or any negotiations in relation thereto.

0116 254 1220 l andash.co.uk l 53 London Road, Leicester LE2 0PD