Auction House London

Lot 41

 

24 Dryden Street

Leicester, Leicestershire, LE1 3QE

Sold for £250,000.

A Commercial Investment Producing £26,000 per annum

Description

The property comprises a substantial detached corner building arranged over basement, ground and mezzanine floors.

Tenure

Freehold

Location

Dryden Street is situated to the north of Leicester city centre. Transport links are provided by the A594 and Leicester rail station.

Tenancy

The property is let on a FRI lease to Leicester Centre Limited expiring June 2025 at a rent of £26,000 per annum. The next rent review is in July 2015 with a fixed increase to £28,000 and then in July 2016 to £28,500.

Accommodation (2nd Column)

Ground Floor - 5,885 sq ft (547 sq m) approx.
Mezzanine- 1,720 sq ft (160 sq m) approx.
Basement - 215 sq ft (20 sq m) approx.

Total GIA Approximately - 7,820 sq ft (727 sq m)

Viewing Details

Monday 13th October 16:00-16:30
Friday 17th October 12:30-13:00
Thursday 23rd October 15:30-16:00
Tuesday 28th October 15:30-16:00

Bold Black Text

Current Rent Reserved £26,000 per annum

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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