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15 Bath Ln 6,889 sq ft 100% Let Industrial Property Leicester LE3 5BF £600,000 (£87.10/sq ft)



Investment Highlights
- On site car parking
- Double frontage onto Bath Lane and St Nicholas Circle
- Residential conversion opportunity (STP)
Executive Summary
The property is available to purchase on a freehold basis, with vacant possession
The subject property's composition can be best described in two distinct sections, the first being that which fronts St. Nicholas Circle (150a St. Nicholas Circle), which comprises a 1960s single-storey former factory, with solid brickwork walls beneath a part pitched asbestos cement sheet roof and a part flat roof. Internally, this element has been adapted to provide a self-contained retail unit (former cake shop) to the front of the building, together with a more traditional storage unit to the rear. The second section fronts Bath Lane (15 Bath Lane) and comprises a three-storey steel framed former factory building, with brickwork walls and concrete floors, together with uPVC double glazed windows beneath a flat roof. Internally, this building has been suitably converted to provide good quality office accommodation over the first and second floor, whilst the ground floor provides functional industrial / storage accommodation, benefiting from a level access roller shutter door and also incorporates a mezzanine. Externally, to the Bath Lane frontage, there are 4 car spaces. To the St. Nicholas Circle frontage, there is side driveway which provides car parking for a further 3 cars in a tandem arrangement.
The subject property's composition can be best described in two distinct sections, the first being that which fronts St. Nicholas Circle (150a St. Nicholas Circle), which comprises a 1960s single-storey former factory, with solid brickwork walls beneath a part pitched asbestos cement sheet roof and a part flat roof. Internally, this element has been adapted to provide a self-contained retail unit (former cake shop) to the front of the building, together with a more traditional storage unit to the rear. The second section fronts Bath Lane (15 Bath Lane) and comprises a three-storey steel framed former factory building, with brickwork walls and concrete floors, together with uPVC double glazed windows beneath a flat roof. Internally, this building has been suitably converted to provide good quality office accommodation over the first and second floor, whilst the ground floor provides functional industrial / storage accommodation, benefiting from a level access roller shutter door and also incorporates a mezzanine. Externally, to the Bath Lane frontage, there are 4 car spaces. To the St. Nicholas Circle frontage, there is side driveway which provides car parking for a further 3 cars in a tandem arrangement.
Property Facts
| Price | £600,000 | Costar Property Class | C |
| Price per sq ft | £87.10 | Total Plot Size | 0.14 ac |
| Sale Type | Investment | Net Internal Area (NIA) | 6,889 sq ft |
| Tenure | Freehold | No. Floors | 4 |
| Property Type | Industrial | Year Built | 1990 |
| Property Subtype | Manufacturing | Parking Allocation | 1.02/1,000 sq ft |
| Price | £600,000 |
| Price per sq ft | £87.10 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Costar Property Class | C |
| Total Plot Size | 0.14 ac |
| Net Internal Area (NIA) | 6,889 sq ft |
| No. Floors | 4 |
| Year Built | 1990 |
| Parking Allocation | 1.02/1,000 sq ft |
Utilities
- Heating - Gas
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