Offices in LE12

Swan Street, Sileby, Loughborough, Leicestershire, LE12 7NW

Brochure

Tenure: Unknown

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Starting bid£180,000

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Key Information

Parking: None

Property features

Open planned office space and addition private meeting rooms
For sale freehold
Shed and bin store
Current income £8k with ERV potential £32k when fully let
Offices and studio space with Kitchenette and welfare facilities provided

Offices in LE12

**Being sold via Secure Sale online bidding. Terms & Conditions apply**

Freehold Office and Studio space for sale

Part let and part vacant

Available Size - 2700 Sq. ft
Business Rates - Tenants are responsible for the rates payable. Full rate relief should be available.
VAT - Not Applicable
Legal Fees - Each party to bear their own costs
EPC Rating - C (69)

The property is accessed off Swan Street, which is a largely residential street in the Village. The offices are set out over the ground and first floors of the main building with a studio annexe which is independently accessed.
The Ground floor offices comprise - 2 offices totalling 992 Sq Ft with 1 office occupied. Open office/reception area. With a well fitted out shared kitchen area plus 2 w/cs and a shower.
The first floor offices which total 1,071 Sq Ft offer a central waiting/meeting area with 3/4 offices which could be let individually or as a whole. Shared Kitchenette. The first floor uses the ground floor w/c's.
The Studio/annexe - which is 647 Sq Ft with its own access, open plan character studio with separate boardroom, kitchenette and well fitted out W/c and shower room.

Location - The property is located in the popular village of Sileby. Sileby sits in the Soar Valley just 8 miles north of the city of Leicester and 5 miles southeast of Loughborough and the civil parish has a population of 8,960 at the 2021 census.

One of the ground floor office rooms is let on a 5 year lease with a 3-year break from the 1st October 2025 @ £8k per annum plus bills.

Services - We understand that all main services are connected. These services have not been tested by the agent.

Please note we have not inspected the property.

Location

The property is located in the popular village of Sileby. Sileby sits in the Soar Valley just 8 miles north of the city of Leicester and 5 miles southeast of Loughborough and the civil parish has a population of 8,960 at the 2021 census.

Accommodation

The offices are set out over the ground and first floors of the main building with a studio annexe which is independently accessed. The Ground floor offices comprise - 2 offices totalling 992 Sq Ft with 1 office occupied. Open office/reception area. With a well fitted out shared kitchen area plus 2 w/cs and a shower. The first floor offices which total 1,071 Sq Ft offer a central waiting/meeting area with 3/4 offices which could be let individually or as a whole. Shared Kitchenette. The first floor uses the ground floor w/c's. The Studio/annexe - which is 647 Sq Ft with its own access, open plan character studio with separate boardroom, kitchenette and well fitted out W/c and shower room.

Tenure

Freehold - LT462093

EPC

Available upon request, rating C

Rateable Value

Current rateable value (1 April 2023 to present) £9,800 Sourced from VOA

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

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