Commercial Investment and Hoarding for Auction Leicester LE4
Guide Price:
£320,000 - £330,000
Auction Date:
11/02/2026
Property Types
A corner site of approximately 927 sqyds used as a car sales centre with showroom of approximately 3,266 sqft and outdoor sales pitch area. To the side of the site there is a free-standing illuminated advertising hoarding. The occupier currently pays a rent of £20,000 pax, paid on a monthly basis. The hoarding is let on a 20 year lease from 24.11.2020 with 5 yearly rent reviews at a current passing rent of £9,000 pa increasing on 24.11.2030 to £10,125 pa and on 24.11.2035 to £11,390 pa
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