Summary - Unit V2,Blaby Industrial Park,Winchester Avenue,LEICESTER,LE8 4GZ LE8 4GZ
1 bed 1 bath Light Industrial
### Standout Features:
- **Type:** Freehold light industrial warehouse
- **Size:** 17,530 square feet with high ceilings (6.7m - 8.3m)
- **Yield:** Strong initial yield of 5.4% with potential for 6.8% off ERV
- **Current Rent:** £113,965 per annum (£6.50 psf) with an Estimated Rental Value (ERV) of £8.25 psf
- **Expansion Potential:** Additional 5,000 sq ft of land available for development
- **Office Space:** High-quality office facilities over ground and first floors with extensions permitted
- **Environmental Features:** LED lighting, air-conditioning, and alarm systems
- **Location:** LE8 4GZ, in a suburban industrial area with excellent mobile signal
**Summary Description:**
This substantial freehold light industrial warehouse presents a remarkable opportunity for investors or businesses seeking expansive operational space. With a total area of 17,530 square feet, it features high ceilings and a versatile layout, ideal for various production or warehousing needs. The property includes modern office facilities that have been upgraded with a license for alterations, making it move-in ready while still offering potential for further customization or expansion.
Set in an above-average crime area, the property comes with its challenges but is paired with an appealing yield of 5.4% and a current annual rent of nearly £114,000, offering attractive returns. The large dedicated yard and off-street parking conveniently accommodate large vehicles, adding to its practicality. While broadband speeds are currently slow, the area benefits from excellent mobile connectivity, keeping you connected.
Perfect for savvy investors looking to capitalize on a strategic industrial location with room for growth, this property is sure to attract attention—don't miss your chance to secure a valuable asset in a burgeoning commercial sector.
Distribution warehouse for sale in North of Leicester City Centre , LE4 — £6,000,000 • 1 bed • 1 bath
Light industrial facility for sale in 160 Scudamore Road, Leicester, Leicestershire, LE3 — £7,500,000 • 1 bed • 1 bath
Light industrial facility for sale in Glenold House, Crosby Road, Market Harborough, Leicestershire, LE16 9EE, LE16 — £1,300,000 • 1 bed • 1 bath • 11545 ft²
Industrial development for sale in Europa House, Newton Lane, Leicester, Leicestershire, LE18 3SE, LE18 — £1,850,000 • 1 bed • 1 bath • 25256 ft²
Light industrial facility for sale in Highmeres Road, Leicester, LE4 — £350,000 • 1 bed • 1 bath • 3043 ft²
Light industrial facility for sale in Venture Park, Churchill Way Industrial Estate, Fleckney, Leicester, Leicestershire, LE8 — POA • 1 bed • 1 bath
