Syndicate Type: Geared
Asset Type: Office
Property Address: Gateway House, 4 Penman Way, Grove Park, Leicester, LE19 1SY
Tenant: Mattioli Woods Plc, Regus Ltd & Royal Bank of Scotland
Lease Expiry: 08/03/2017
Passing rent: £479,642
The property is situated within the Grove Business Park, approximately 4.5 miles south west of Leicester city centre. Located on Penman Way the subject property is situated within a mixed commercial area with modern retail and business park developments. Penman Way provides direct access to Junction 21 of the M1 and Junction 3 of the M69 via the A5460.
The subject property comprises a detached, three storey modern office building of brick construction under a pitched tiled roof, constructed during the late 2000s.
Internally the property provides Grade A office
accommodation with suspended ceilings, Category 4 lighting, aluminium frame double glazed windows, carpeted floors and painted plaster walls. Tenant modifications have been made to each floor. Externally there are 159 car parking spaces shared equally between the three floors.