Units 15 - 23 Layton Road, Leicester, LE5 0PU

A freehold investment property comprising five self-contained single-storey industrial units totaling approximately 8,718 sqft (810 sqm) on a site area of 0.77 acres. The units are situated off Uppingham Road near the junction of Humberstone Road. The property is currently occupied under existing leases. Unit 15 has a floor area of 2,540 sqft (236 sqm) with a lease running from January 1, 2024, to December 31, 2039, and an initial rent of £15,000 per annum, increasing to £16,000 in Year 4 and £17,000 in Year 5. Unit 17 has a floor area of 1,528 sqft (142 sqm) with a lease until September 16, 2030, and a proposed average rent of £8,750 per annum effective from September 17, 2020, with a new rent of £10,500 proposed for September 17, 2025. Unit 19, also with a floor area of 1,550 sqft (144 sqm), has similar lease terms and proposed rents. Unit 21 has a floor area of 1,528 sqft (142 sqm) with a new 5-year lease proposed at £10,500 per annum, and Unit 23 has a floor area of 1,572 sqft (146 sqm) with a proposed 5-year lease at £11,500 per annum. The current rental value