A major conference and weddings venue is the main commercial property attraction at SDL Auctions Graham Penny’s next Leicester auction at the King Power Stadium on Tuesday 17 April.
The property at 1 Marchant Road in Hinckley is a 11,000 sq ft unit which is currently arranged and used as a conference and function centre.
Nick Trow, commercial auctions valuer at SDL Auctions Graham Penny, said: “It has traded as a conference centre for 18 years and hosts corporate events for large companies such as Triumph, Mira, and National Grid, as well as weddings, car shows and dinners.
“The venue is still operating and taking bookings and so is a turn-key business opportunity for an interested investor, if so wished.
“However, it also lends itself to other uses, such as childcare, serviced offices, car showroom, place of worship or potentially for redevelopment, all subject to the relevant permissions.”
It has a guide price of £595,000+.
A further commercial investment opportunity is available at three tenanted light industrial units at 60-66 Nedham Street in Leicester. The total space on offer is understood to be around 9,000 sq ft and the site is in a good location close to the inner ring road and city centre. It has a guide price of £125,000+.
There is a mixed use investment opportunity at 194 High Street in Earl Shilton. This is a spacious mixed use property which has a shop premises currently operated as a nail salon on the ground floor and a two bedroom flat above. The property is fully let with a total income of £8,840 per annum and has parking to the rear. It has a guide price of £100,000+.
The catalogue of 27 lots will be going under the hammer in SDL Auctions Graham Penny’s next Leicester auction at the King Power Stadium on Tuesday 17 April.