Dominion Road, Glenfield

LOCATION
The site is located on Dominion Road in Glenfield, Leicester. Situated in a residential area and close to local retailers including Tesco Express. Conveniently located close to motorway links with easy access onto the A563 which leads onto Junction 21, M1 and M69.

DESCRIPTION
Opportunity to purchase this freehold commercial site. Consisting of various industrial units including MOT station/repair workshop. The site is a former petrol station which has now been used for various commercial uses. It is understood that the tanks have historically been filled.

The site is currently occupied partly by the freeholders and partly with tenants in situ. It is advised by the freeholders that the whole site is available on vacant possession or potential for a new buyer to agree terms with the current tenants in situ. Please note: The MOT station and car showroom area will be vacated by the freeholders on completion.

We have been advised by the vendors that the rental income is as follows:

Beauty Parlour - £12,000 pa
Vehicle body workshop - £9,600 pa
MOT station - Owned and operated by the freeholders
Car showroom - Owned and operated by the freeholders

All interested parties are to make their own enquiries in relation to planning, ground surveys etc at their own cost. Any conditional offers based upon planning will qualify for a non refundable option fee, legal costs/vendor costs stc.

ACCOMMODATION
Main road frontage:

Beauty parlour - c. 800 sq. ft
Car Showroom - c. 1257 sq. ft


Rear Units:

MOT station - c. 2865 sq. ft
Body workshop - c. 1581 sq. ft
Storage unit - c 1395 sq. ft

Total - 7,898 sq. ft

GIA, all sizes are approximates.

SERVICES
All services are connected but have not been tested by the agents.

TERMS
We have been instructed to seek offers in excess of £1,000,000 (One Million Pounds) for the freehold title. Conditional and Unconditional offers are welcome subject to contract. Proof of funding will be requested in the early stages of the process.

All parties wishing to submit an offer must do so in writing via email only.

VAT
VAT may be payable at the prevailing rate.

LEGAL COSTS
Each Party will be responsible for their own legal costs.

OTHER
Important Information:
All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Reign Commercial ltd or its employees or agents. All illustrations are for marketing purposes only and all interested parties are to make their own enquiries into the boundaries and title plans.
Neither Reign Commercial ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.
Health & Safety:
You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting. All interested parties must follow government guidelines relating to Covid-19 when visiting the property.

VIEWING
Viewing is strictly via Sole Agents Reign Commercial and prior appointment only.