Investment, Industrial For Sale | 11,154 Sq Ft (1,036.21 Sq M) | £1,200,000 Offers in the region of
The property is situated on the northern edge of the market town of Lutterworth off Leicester Road. Lutterworth is located approximately 15 miles south-west of Leicester on Junction 19 of the M1 Motorway. The town has excellent communication links with the M6 motorway, approximately 4½ miles to the west and the A14, approximately 3½ miles to the east.
The property is located within the commercial area of Lutterworth, which has recently seen the construction of new purpose-built industrial units, further enhancing the area as the commercial district of the town.
The Property comprises a steel portal framed building with brick and block infill elevations. Internally, the warehouse area benefits from solid concrete flooring, while the roof has been upgraded with insulated panels incorporating roof lights throughout, providing the warehouse with natural light.
Only part of Elizabethan Way, extending from the A426 to the eastern boundary of the Property, will be included in the sale. The unit to the rear of the Property is responsible for the maintenance of this section of the road.
Access to the warehouse is provided through the yard via a roller shutter door measuring approximately 4.1m x 4.7m, allowing convenient movement between the warehouse and the external yard. Externally, the property benefits from a substantial yard and parking area extending to approximately 10,400 sq ft. The office accommodation includes a mezzanine level, which is accessed directly from the warehouse.
The property extends to approximately 11,154 sq. ft GIA, measured in accordance with the RICS Code of Measuring Practice. Within this total, the accommodation comprises approximately 1,850 sq. ft of office space, together with a mezzanine level of approximately 2,000 sq. ft situated above the offices. The property benefits from a total of six WCs, with four located within the office accommodation and two serving the warehouse area. The warehouse provides a minimum eaves height of approximately 5.7 metres, rising to an apex height of approximately 9.4 metres
Each party to bear their own legal costs.
The Property is not opted to tax and therefore VAT is not applicable to the rent quoted.
The Property is currently being assessed for an EPC.