From
£525,000
Property for saleCyprus Road, Leicester LE2
Auction
About this property
To be offered on Wednesday 25 February
Freehold two storey warehouse building
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
Investment let at £81,600 per annum
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)
Mortgage calculator
Monthly repayment
£2,626 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}