Land
For sale by auction – Thursday 19th March 2015
At Leicester City Football Club, King Power Stadium, Filbert Street,
Leicester LE2 7FL
Commencing at 11.30 am
Brief Description
Freehold building plot in very prominent location with planning consent for the erection of a 3 storey building comprising 6 apartments.
The plot extends to approximately 410 sq metres with detailed planning consent approved for the erection of 4 x 2 bed apartments and 2 x 1 bed apartments with associated parking.
An excellent development opportunity in an enviable location close to a wide range of amenities.
Then land is being sold by mortgagees not in possession and is therefore sold as seen and subject to any occupancies that may or may not subsist at the time of completion.
Tenure
Freehold.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a buyers fee of £750 (including VAT) payable on the fall of the hammer.
Building Plot
Planning for 6 Apartments & Parking
4x Two Beds & 2x One Beds
Prominent Position
Excellent Opportunity
