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59 Central Road, Leicester, Leicestershire LE3 5EJ

Lot no: 72 Available for £200,000
 

Guide Price £185,000+ 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 21st November 2024

9.00am
Key Features
  • Corner Commercial Property
  • Planning Permission for Conversion to Flats
  • Great Letting Location
  • Freehold and Vacant
  • Scope for other uses subject to planning
  • 1x 2 bed flat and 1x 1 bed flat
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Available for £200,000

Commercial Development

Property Description:

A spacious corner property with accommodation over two floors.

Planning Permission granted for conversion to two flats. 1x 2 bed and 1x 1 bed.
Planning Application Number 20221344.

The property is a former retail shop with ancillary accommodation to the rear and first floor. Now offered with vacant possession.

The property is well placed for the city centre, local amenities and public transport routes.

Scope for other schemes such has mixed use or house of multiple occupancy may be possible, subject to planning permissions.

Ground Floor
Shop

4.53m x 3.75m

Reception Room

7.80m x 3.74m

Kitchen

3.28m x 1.85m

Lobby / Store
Shower Room

With W.C. Wash basin and shower cubicle.

Upstairs
Landing
Room One

4.10m x 3.73m

Room Two

3.85m x 2.83m

Outside

Small enclosed yard to rear.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


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

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an 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 fees apply:

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

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.