FOR SALE/MAY LET PRIME ROADSIDE DEVELOPMENT OPPORTUNITY 115 ROAD, , LE2 7LN SUMMARY LOCATION The property is prominently located fronting • Prominent Main Road Position , at it’s junction with Brazil St. The • Frontage to Aylestone Road, close to . immediate surroundings comprise a range of • Close to (Tigers), The , and De commercial occupiers including a Morrisons supermarket, Odeon Cinema and Mecca Bingo. A Montford University. number of vehicle dealerships are located in the • Approx 12,238 sqft (1,137 sq m) on a site of approx. 1.2 acres (0.49 hectares) immediate vicinity representing brands including • Potential for a range of uses – subject to planning Volvo, Ford, Vauxhall, Toyota, Citroen, Seat, Fiat and Hyundai. The property is situated between the King Power Stadium and Welford Road, the home of ACCOMMODATION . The property is located close to campus’s for both De Montford University and the Sq M Sq Ft University of Leicester. Showroom 408 4,392 DESCRIPTION Workshop 329 3,541 The property comprises a former vehicle showroom First Floor 400 4,305 and workshop, of part two storey and part single storey construction on a site of approximately 1.2 TOTAL 1,137 12,238 acres. The balance of the site is currently hardstanding and used for vehicle storage, with a small display area fronting Aylestone Road. The building has been stripped back to a shell, and provides a showroom at the front, with former offices above under a tiled roof. At a lower level at the rear is the workshop, accessed directly off Brazil St, with a pitched asbestos clad roof. The property benefits from a prominent frontage to Aylestone Road of approx. 82 M. Access and egress is obtained via two existing vehicle cross overs onto Aylestone Road. PLANNING The current owners obtained planning consent under reference 20172084 to substantially refurbish and extend the buildings to accommodate a new car dealership. The Property is considered to have potential for a range of alternative uses subject to appropriate planning consent. It should also be noted the Lime Trees fronting Aylestone Road are protected by Tree Preservation Orders, although approval was obtained in principle to raise the canopies and thus improve the visibility of the site.

RATEABLE VALUE The unit is assessed for Business Rates purposes as follows: Description: Showroom and premises Rateable Value: £68,500 And Car park, Rateable value £67,500

VAT All figures quoted are exclusive of value added tax, which is to be charged at the prevailing TITLE rate . The property is held freehold. Prospective purchasers are advised part of the ENERGY PERFORMANCE CERTIFICATE title contains a restriction prohibiting uses within use classes B2, C2 or D1 of the Town and Country (Use Classes) Order 1987. Further details on request. The property has an EPC rating of F-131. A copy of the certificate can be made available on request. TERMS Offers are invited on a freehold basis. Leasehold terms will be dependant on ANTI-MONEY LAUNDERING POLICY occupiers specific requirements. In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds For further information or to arrange an inspection of the property, please (Information on the Payer) Regulations 2017, the Purchaser will be required to comply with contact: our Anti-Money Laundering policy. Further details are available upon request. Alisdair James 0771 253 8687 LEGAL COSTS [email protected] Each side to bear its own legal and professional costs

Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (Insert date) Colliers International is the licensed trading name of Colliers International Business Space UK LLP which is a limited liability partnership registered in and Wales with registered number OC385143. Our registered office is at 50 George Street, W1U 7GA. Subject to contract, October 2019. www.colliers.com/uk/parks