Property Information
Address:
Spa Place, 36-42 Humberstone Road, Leicester, Leicestershire
, LE5 0AE
, Leicestershire
, United Kingdom
Price: Buy: POA
Size: 22683 sq ft2107 sqm
Primary Category: Investment
All Categories:
Investment, Land, Leisure, Office, Healthcare,
Property Ref/Movehut: MH691100
Property Ref/Agent: 8494
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: November 13, 2024
Property description
The site is made up of three component parts; the former residential building fronting Humberstone Road that now provides the main office accommodation. This building, with a Grade II listing, is elegant in appearance and is constructed in brickwork under a pitched slate roof incorporating large sash windows. The principal access into the building is from the internal courtyard and car park. Internally, the accommodation is well appointed, providing a mixture of open plan and more cellular office areas over three floors, together with significant basement storage. There is the usual arrangement of kitchen, WC and client facing areas.
The offices are then linked at first floor level into what was originally a hall, but which has now been refurbished sensitively to provide offices at ground floor level, together with further galleried office accommodation at first floor level that overlooks the ground floor. An attractive feature of this part of the property is the large basement, providing either storage or ancillary accommodation.
Adjacent to the entrance from Humberstone Road is a more recent building that is primarily single-storey in design and partially used to provide further office accommodation, together with garaging and first floor storage.
A significant feature of the site is the level of on site car parking within the courtyard that provides some 35 spaces.
Let to Rothera Bray LLP Solicitors
Term expiry November 2029, tenant break option 1st May 2026
Rental income £150,000 per annum exclusive
Price: £2,050,000 to reflect an attractive initial yield of 7.32%
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