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17 Blaby Road, South Wigston, Leicestershire LE18 4PA

Lot no: 143 Auction Event
 

Guide Price £150,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 26th September 2024

9.00am
Key Features
  • Council Tax Band: A
  • Mixed Use Property
  • Former Hot Food Take-away
  • Self-Contained Flat Above
  • Parking to Rear
  • Freehold and Vacant
  • Estimated Rental Value £18,000 per annum
  • Popular Location
  • EPC Rating: C E
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Mixed Use

Property Description:

A two storey mixed use property comprising of a former ground commercial property along with a one bedroomed flat above.

The property benefits from uPVC double glazing and has all main services connected.

Offered freehold and with vacant possession. The ground floor was recently let as a hot food takeaway business and the first floor let on a separate tenancy.

The properties are self-contained and have their own access and utility supplies.

There is parking and yard to the rear with vehicle access off Countesthorpe Road.

Well placed in a parade of shops with residential properties close by. The train station is only a few minute walk away.

A great investment opportunity with a combined estimated rental value of approx. £18,000 per annum.

Ground Floor Takeaway

Comprising -

Main Shop 8.50m x 3.12m

With central door way and windows either side. Serving counter, gas points for cooking equipment and commercial extractors over and tiled flooring.

Kitchen / Prep Area 2.80m x 1.63m

With sink unit, tiled floor and window to side.

Rear Lobby

With store area with shelves and door to rear yard.

Cloakroom / WC

With low flush wc, wash hand basin and window.

First Floor Flat

Accessed via a staircase to the rear. Comprising -

Lounge / Kitchen 4.50m x 3.80m

An open plan room with fitted kitchen having base and wall units, sink, cooker, electric radiator and window to rear aspect.

Bedroom 3.50m x 2.52m

With electric heater and window to front.

Shower Room

Comprising low flush wc, wash hand basin and shower cubicle. Electric heater and window to front.

Outside

A good sized rear yard area with parking. Gated side access leads to the front.

Broadband

Standard 16 mbps, Superfast 80 mbps and Ultrafast 1000 mbps are available in this location.

Mobile Signal

EE, O2, Vodaphone and Three are available in this location for Voice and Data.

Satellite and Cable TV Availability

Sky and BT are available in this location.

Conservation Area

We have been made aware this property is in the South Wigston conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Double Glazing, Gas, Electric
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Driveway



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.