Summary - UNIT 2, WALDRON COURT, PRINCE WILLIAM ROAD LE11 5GD
1 bed 1 bath Distribution Warehouse
Well-located industrial unit with mezzanine and strong M1 connectivity.
Price £350,000 for virtual freehold (999-year lease)
Rental option £25,000 per annum full repairing lease
80.17 sq m (850 sq ft) mezzanine level included
Eaves height approx 5.5m (18ft) with roller shutter loading
Established Class E planning consent for flexible commercial uses
High flood risk in location — mitigation likely required
Service charge payable at 10.65% of estate costs; VAT applies
EPC Band E (expires October 2025); no mains capacity warranty
Unit 2, Waldron Court is a practical investment or owner-occupier opportunity on Belton Park Industrial Estate, close to M1 J23. The detached steel portal-frame unit offers a good-sized warehouse with 5.5m eaves, front roller shutter loading and an 80.17 sq m (approx 850 sq ft) mezzanine — useful for storage or ancillary office use.
Available to buy as a virtual freehold (999-year lease at a peppercorn) for £350,000 or to lease on a new full repairing and insuring lease at £25,000 per annum. The property benefits from on-site parking/forecourt, mains services and established Class E planning consent for a range of commercial uses, making it flexible for light industrial, storage/distribution or trade counter operations.
Buyers should note material negatives plainly: the site sits in a high flood-risk area and the surrounding recorded crime level is high. The EPC sits in Band E (valid until October 2025). A service charge applies (10.65% of the estate maintenance cost), and VAT is payable on price, rent and service charge. All mains services are present but no warranty is given on capacity or connectivity.
Immediate possession is possible. For investors seeking steady rental income or operators wanting a well-located, functional industrial unit with mezzanine and good estate profile, this offers clear upside — provided flood risk mitigation and EPC improvement are considered in budgets.
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