Former Natwest Bank, 145 Evington Road, Leicester, Le2 1Qj
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LOT FORMER NATWEST BANK, 145 EVINGTON ROAD, LEICESTER, LE2 1QJ ACCOMMODATION: The property extends to approximately 3,656 sq.ft. (339.67 sq.m.). All interested parties should seek their own verification of floor areas and dimensions and satisfy themselves that they are suitable for any proposed future use. VALUE ADDED TAX: We understand VAT will not be chargeable on this transaction. All interested parties are advised to refer to the Special Conditions of Sale within the legal pack for their own verification. AUCTIONEERS NOTE: Please note that part of the Freehold Title is unregistered and therefoe the plan is for illustrative purposes only. Furthermore, all interested parties should refer to the legal pack for full details in respect of the Leasehold Title plan discrepancy. VIEWINGS: See viewing schedule. IN PARTNERSHIP WITH: PROMINENT FREEHOLD FORMER BANK PREMISES IN BUSY RETAIL LOCATION PROXIMATE TO THE UNIVERSITY OF LEICESTER. THE PROPERTY PROVIDES ALTERNATIVE USE POTENTIAL SUBJECT TO OBTAINING THE NECESSARY PLANNING CONSENTS. A GROUND RENT IS RECEIVABLE FROM THE APARTMENT TO THE UPPER FLOORS. PROPERTY DESCRIPTION: The property comprises a prominent three storey former bank of traditional brick construction surmounted by a multi-pitched slate roof. The property provides banking hall, office and storage accommodation, strong room and WCs to the ground floor, with kitchen area, staff mess and ancillary storage to the first and second floors. Part of the first and second floors comprise a self-contained apartment known as 2a Draper Street / Evington Road, which has been sold off on a 125 year lease. The property owner is entitled to an annual ground rent from the apartment. EPC RATING: D LOCATION: The property is situated in a vibrant and well established retail pitch within the suburb of Stoneygate, approximately 2 miles south- east of Leicester City Centre. The property occupies a corner plot, and benefits from a prominent position on Evington Road, a busy thoroughfare leading to the A6 London Road and Leicester City Centre. There is a burgeoning student population due to the close proximity of the University of Leicester. Nearby occupiers include Santander, William Hill and Paddy Power. TENURE: 145 Evington Rd - We understand the property is held freehold and offered with vacant possession. 2a Draper Street / Evington Road– The part first and second floor apartment has been sold off on a 125 year lease, commencing March 2006. The property owner is entitled to a ground rent of £100 p.a., increasing by £50 p.a. every 25 years. Full lease details are available within the legal pack. *GUIDE PRICE £175,000 - £200,000 (plus fees).