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For Sale - Abbey Lane, Leicester, LE4 £385,000

7 Bedroom Commercial  For Sale £385,000

Abbey Lane, Leicester, LE4

GREAT INVESTMENT OPPORTUNITY

THREE FLATS

COMMERCIAL AREA

MAIN ROAD

FRONT PARKING AREA

SOLD WITH NO CHAIN

BM Estates are very pleased to offer this semi-commercial property located on Abbey Lane. The property is an ideal investment and perfect for a long term lease for the downstairs business and seperate agreements for the flats above and ground floor. Alternatively the ground floor commercial premises can be converted into flats for a full block. Please see below for the full measurements on the full property.

Flat A;

Bedroom One: uPVC window to rear elevation and radiator: 3.52m x 3.23m Kitchen: uPVC window to rear elevation and access to garden and fully fitted kitchen: 2.85m x 2.56m Lounge: uPVC window to rear elevation and door garden area: 5.07m x 3.69m Bathroom: Shower, W/C and radiator Bedroom Two: uPVC window to side elevation and radiator: 2.33m x 3.16m Bedroom Three: uPVC window to side elevation and radiator: 3.53m x 3.21m

Flat B

Lounge: uPVC window to front elevation: 4.72m x 3.69m Kitchen: uPVC window to side elevation, fitted kitchen: 2.38m Bedroom One: uPVC window to side elevation 3.70m x 3.41m Bedroom Two: uPVC window to rear elevation 3.66m x 3.20m

Flat C

Lounge/Kitchen: uPVC window to rear elevation, fully fitted kitchen: 5.18m x 3.97m Bedroom One: uPVC window to rear elevation: 3.95m x 4.27m Bedroom Two: uPVC window to front elevation: 2.92m x 3.50m Bathroom: Full three piece suite

Shop

Main front area: 5.44m x 5.95m Back area: 2.40m x 3.90m

Location

Property Images

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £500k (Percentage rate 0%)

Above £500k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £500k(Percentage rate 0%)

*This is for illustrative purposes only

IMPORTANT NOTICE FROM BM ESTATES

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Fees

Please note the charges listed below are the maximum fees that will be applied unless stated otherwise.

Fees/Charges in England from 1st June 2019

Permitted Charges in accordance with the Tenant Fee Act 2019 for an Assured Shorthold Tenancy.

Holding Deposit max one week's rent. First months rent in advance.

Tenancy Deposit 5 or 6 weeks depending upon the rental amount.

Early termination(when requested by the tenant) a charge not exceeding the financial loss experienced by the landlord.

Late Rent interest charged at 3% above the Bank of England base rate when rent is more than 14 days late.

Lost key equivalent to the cost incurred (or security device).

Changing tenancy documents(after the commencement of tenancy) £50 inc VAT

Non-Housing Act tenancy fees not affected by the Tenant Fee Act 2019:

Tenancy Agreement £300 inc VAT. Extension Agreement £125 inc VAT

Company Reference £175 inc VAT. Administration £50 inc VAT

Damage Fee £90 inc VAT. Guarantor Reference per guarantor £100 inc VAT

Deed of Guarantee £75 inc VAT. Check-In (minimum fee) £72 inc VAT

Arrears Fee £30 inc VAT. Overpaid Rent Return £25 inc VAT. Pet Licence £75 inc VAT

BM Estates is a member of and covered by the Money Shield Client Money Protection Scheme. BM Estates is also a member of a redress scheme provided by The Property Ombudsman.

Letting Fee Information

The asking rent does not include letting fees. Our standard administration fee (which covers general administration and preparation of paperwork) is £xxx (£xxx+VAT). A security deposit, usually equivalent to six weeks rent, is also payable.

Depending on your circumstances and the property you select, one or more of the following may also be charged to you upfront;

Fees may be charged on a per person or per property basis, please call us on 0116 273 1414