Description
Description:
The site comprises a level, fairly regular shaped site, securely fenced and gated with a mixture of concrete, tarmacadam and gravel surfaces. The site has the benefit of a return frontage on Murray Street and Kent Street.
Location :
The site is situated on Murray Street in Leicester, in between its junction with Beal Street and Kent Street, in an industrial area on the western periphery of Highfields. The site is located directly adjacent to the mainline railway track, north east of Leicester’s railway station, and is accessed via the main A47 Humberstone Road which links onto Kent Street and Murray Street. Leicester’s main shopping centre is some ¾ of a mile in distance to the west, whilst Leicester’s inner ring road system is in close proximity via the A47, providing easy access around the city and further connects to J21 of the M1/M69 motorway network.
Property Highlights :
- Offers In Excess of £1.2m
- Land for sale
- Site Area: 1.28 Acres (0.52 Hectares)
- Close to the city centre
- Near Leicester’s inner ring road system
- Potential for development (STP)
- Current Rental Income: £100,000 per annum
The freehold interest is available subject to an existing tenancy. Network Rail Infrastructure Limited currently occupy the site on an FRI lease which is due to expire on 31st March 2024, with a passing rent of £100,000 per annum. Pursuant to section 38A of the Landlord and Tenant Act 1954 (as amended) the Landlord and Tenant have agreed that the provisions of s24-28 of the act are excluded in relation to this lease.
Property Documents
Address
Open on Google Maps- City Leicester
- State/county Leicestershire
- Country United Kingdom
