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32 Millstone Ln 6,360 sq ft 100% Let Office Property Leicester LE1 5JN £795,000 (£125/sq ft)



INVESTMENT HIGHLIGHTS
- Occupies a prominent position in the heart of Leicester City Centre
- Within walking distance of Leicester de Montfort University and Leicester Royal Infirmary
- Close to local amenities
EXECUTIVE SUMMARY
A substantial three storey property of solid red brick construction beneath a pitched tiled roof. The lower ground floor and ground floor is currently used as a bar. The first and second floors provide open plan office accommodation having separate access from Millstone Lane. Externally there is car parking provided to the side of the property which currently is being utilised by the ground floor occupier.
Freehold subject to existing lease for the lower ground floor and ground floor. The first and second floors are offered with vacant possession upon completion. The ground and lower ground floor is Let to the “Odd Bar” for a term of 15 years from the 18th January 2022 at a rent of £24,000 per annum.
Freehold subject to existing lease for the lower ground floor and ground floor. The first and second floors are offered with vacant possession upon completion. The ground and lower ground floor is Let to the “Odd Bar” for a term of 15 years from the 18th January 2022 at a rent of £24,000 per annum.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Freehold
Property Size
6,360 sq ft
Costar Property Class
C
Year Built
1928
Price
£795,000
Price per sq ft
£125
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
2,120 sq ft
AMENITIES
- 24 Hour Access
- Bus Route
- Controlled Access
- Security System
- Storage Space
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32 Millstone Ln
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