Business description

60 CHARLES STREET LEICESTER
OFFICES TO LET
Rents from £6.00 psf pa exc
City Centre offices with concierge reception and 2 high speed lifts. Suites available from 150 sqft to 1400 sqft on flexible terms.


LOCATION
Leicester is the largest City in the East Midlands and
benefits from excellent communications with the M1/M69
junctions close by and London St Pancras 1 hour 10
minutes by train.
Charles Street is located within the City centre, being
approximately 100 yards from the Clock Tower and within
easy reach of the main shopping centres of the Highcross
and Haymarket Shopping Centres.
There are multi-storey car parks close by on Rutland
Street and Lee Circle and most of the local buses have
terminals on Humberstone Gate and Charles Street itself.
The railway station is about 7 minutes walk away.

DESCRIPTION
60 Charles Street is a 13 storey building with a
modernised entrance foyer, two high speed passenger
lifts and a concierge service. Heating to the floors is via a
conventional gas-fired radiator system. There are toilet
facilities on each floor.

ACCOMMODATION
There are four podium floors each offering a net lettable
space of 5695 sq ft and a further nine floors of offices in
the tower each of 2525 sq ft.
On the ground floor there are two retail units, a loading
bay and ten parking spaces within the under cover
garage. To the rear there are a further eight lettable car
parking spaces within a secure compound.

TOWN & COUNTRY PLANNING
We have been verbally informed by the Planning
Department of the Leicester City Council that the offices
have a permitted use within Class B1 of the Town and
Country Planning Order and the ground floor retail units
Class A2.

LEASES
A full schedule of tenancies is attached hereto.

RENTAL INCOME
The gross annual income is currently £280,811 (as at
June 2008).

PURCHASE PRICE
Offers around £3.5 Million are sought for the Freehold
Interest which when allowing 5.25% costs provides a
initial yield of 7.6%.

LEGAL COSTS
Each party to bear their own costs.

Property information

Property:

Leasehold