General Enquiry

Phase 1, Western Park Business Village, Western Park, Leicester, LE3 6HX

Office For Sale

902 - 1,205 Sq Ft (83.8 - 111.94 Sq M)

For Sale: £1,200,000 for the Freehold

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Multi Let Office Investment
£79,500 aggregate annual rental income
10-year leases
6.25% Net Initial Yield assuming Purchaser's costs of 6.4%
Description
The development comprises the restoration of the Grade II Listed former Open Air School, which opened for that use in November 1930, with the individual buildings arranged on the connecting terraces. Phase 1 comprises four single storey detached office buildings which overlook a landscaped garden featuring outdoor leisure areas for occupiers. The buildings have been constructed to Passivhaus standards. Occupiers include a beauty / hairdressing salon, a golf simulator and office spaces.

The site benefits from generous on-site car parking.
Viewing
Please get in touch to arrange a viewing