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Pannell House, 159 Charles Street, LEICESTER, LE1 1LE

12,931 Sq Ft / Offices

Withdrawn - Last updated: 26 January 2022

The property comprises a 6 storey semi detached building with single storey extension at the ground floor level and basement storage. The accommodation provides a combination of open plan and cellular meeting rooms/private offices with the main reception area to the ground floor. There are 2 lifts to either end of the building with staircase access. Externally 20 car parking spaces are provided within the rear courtyard.

The property appears suitable for either residential or student accommodation, subject to formal planning permission being secured. We understand that the property has consent for B1 (business use) of the Town and Country Planning (Use
Classes) Order 2005. However all interested parties are advised to make their own enquiries in this regard.

Location

The property is located to the south east of Leicester City Centre on Charles Street within walking distance of the main line railway station and the retail centre.

Accommodation

DemiseSq ftSq m
Third Floor2,011186.8
Fourth Floor2,034189
Fifth Floor1,809168
Total (NIA)12,9311,201.28
Basement1,704158.4
Ground Floor3,054283.7
First Floor2,012186.9
Second Floor2,011186.8

Terms

Freehold.
There is an easement providing a right of way to the substation across the car park at the rear of the property. The Freeholder is responsible for contributing towards the maintenance of the gate.

Rates
Rateable value: £80,000

Specification

Amenities
- Vacant office building providing a redevelopment opportunity for residential or student accommodation use, subject to planning permission.
- Site extends to 0.10 ha (0.25 acres)
- City centre location
- Part refurbished
- Rear courtyard car parking, providing further development potential, subject to planning


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