Site at Laundon Way

Guide Price £1,200,000
For Sale


9775 ft²

Approximate Site Area

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Property Summary

The subject property comprises of a purpose built supermarket constructed within a modern housing estate within Groby, a suburb of Leicester.

The subject property is predominantly single storey in design with a small first floor area to the rear elevation, which is within part of the roof void with natural light being provided through Velux roof lights.

Access is available to the rear elevation which provides further car parking, accessed off Pimm Ley Lane. Car parking on site extends to 58 spaces, including 3 disabled on a tarmacadam surface to the front and side elevations.

Existing Tenancy
The premises are subject to an existing tenancy to the Cooperative
Group Food Limited for a 15 year term from 2015 at a current rent of £62,365 per annum.

Business Rates
Rateable Value: £94,500
This not the amount you pay. For further information, please contact Hinckley and Bosworth
District Council.

(One Million Two Hundred Thousand Pounds)

Unless stated all prices are quoted exclusive of
Value Added Tax (VAT) which we are informed will apply.

Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.

A copy of the Energy Performance Certificate is available upon request.

The subject property is situated with a frontage to Laundon Way within the village of Groby, a suburb of Leicester City, which is located approximately 5 miles to the south east of the subject property.

Laundon Way has direct links with Sacheverell Way to the south of the subject property which provides access to the junction of the A46/A50 approximately 1 mile distance to the north east of
the subject property. The A50 does provide access to Leicester City Centre and Junction 22 of the M1 Motorway is located approximately 5 miles distance to the north west of the subject property. Links are also available with the M1 Motorway approximately 2 miles distance to the south of the subject property where further links are available with Junction 21 and with the M69 approximately 5 miles distance to the south.

0 - 10,000 ft²

For Further Information Contact

Jack Farrell BSc (Hons) MRICS


I have worked at Musson Liggins since May 2018. I assist with all aspects of General Practice surveying however the majority of my time is spent dealing with commercial property agency. I became a...

Matthew Wade BSc (Hons) MRICS


Professional Experience

I first came to Nottingham in 1999 and my first job was as a graduate surveyor with FHP. I qualified as a chartered surveyor in 2000 and then joined Geo. Hallam & Sons...

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