Property photos
Just added
Auction
From
£525,000
Property for sale
Cyprus Road, Leicester LE2Local area information
Property location
Nearby amenities
- Marriott Primary School 0.3 miles
- Montrose School 0.4 miles
- South Wigston 1.5 miles
- Leicester 2.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold two storey warehouse building
- Investment let at £81,600 per annum
- Approximate gia 12,856 sq ft (1,194.39 sq n)
- Incluring a Garage / Store with a yard area and parking
- 15.5% Gross Yield on Guide
- By order of the lpa Receivers
Strapline
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold two storey warehouse building of approximately 12,856 sq ft incluring a Garage / Store with a yard area and parking.
Investment let at £81,600 per annum.
15.5% Gross Yield on Guide
Description
Two storey brick built workshop occupied as a boxing gym and dance studio. Red brick elevations set beneath a corrugated and flat roof. Adjoining gated garage / store and car yard.
Location
Situated to the south side of Cyprus Road, close to the junction with Saffron Lane.
A mixed commercial and residential area, approximately 2 miles to the south of Leicester City Centre.
Communications include the A563 ring road a short distance to the south providing a swift link to the M1 Motorway.
Aylestone Road Meadows Nature Reserve is to the west.
Transport
Leicester Station - National Rail
Tenancy
The entire premises are let to City of Leicester Lightning abc on a 5 year lease from 1st February 2024 at a rental of £81,600 per annum. There is a personal guarantor to the lease.
Accommodation
The property has not been inspected by the auctioneers but is understood to comprise:
Ground floor Gym - 6,157 sq ft (572 sq m)
First floor dance hall - 6,072 sq ft (564 sq m)
Garage / store - 627 sq ft (58 sq
Total Gross External Area 12,856 sq ft (1,194 sq ft)
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold two storey warehouse building of approximately 12,856 sq ft incluring a Garage / Store with a yard area and parking.
Investment let at £81,600 per annum.
15.5% Gross Yield on Guide
Description
Two storey brick built workshop occupied as a boxing gym and dance studio. Red brick elevations set beneath a corrugated and flat roof. Adjoining gated garage / store and car yard.
Location
Situated to the south side of Cyprus Road, close to the junction with Saffron Lane.
A mixed commercial and residential area, approximately 2 miles to the south of Leicester City Centre.
Communications include the A563 ring road a short distance to the south providing a swift link to the M1 Motorway.
Aylestone Road Meadows Nature Reserve is to the west.
Transport
Leicester Station - National Rail
Tenancy
The entire premises are let to City of Leicester Lightning abc on a 5 year lease from 1st February 2024 at a rental of £81,600 per annum. There is a personal guarantor to the lease.
Accommodation
The property has not been inspected by the auctioneers but is understood to comprise:
Ground floor Gym - 6,157 sq ft (572 sq m)
First floor dance hall - 6,072 sq ft (564 sq m)
Garage / store - 627 sq ft (58 sq
Total Gross External Area 12,856 sq ft (1,194 sq ft)
More information
Listed by
Savills - National Auctions
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