Commercial
Guide Price: £150,000+
For sale by auction – Thursday 2nd October 2014
At Leicester City Football Club, King Power Stadium, Filbert Street,
Leicester LE2 7FL
Commencing at 11.30 am
A large 4 storey mixed use property. Ground floor shop and large flat over the first, second and third floors.
The property is well located in the centre of Braunstone Gate, close to a wide range of bars, shops and restaurants. An excellent investment with great rental return.
Shop - Currently Vacant
Flat - Currently let at £1000pcm inclusive of utilities.
Ground floor
Large Sales shop with window and door fronting Braunstone Gate. The ground floor was previously used as a dental technicians but is now vacant.
It comprises-
Main Retail Area
Kitchen Area
Toilet
Stores
Cellar
The cellar is fully tanked and offer 2 excellent size rooms
Rear Yard
Luxury Flat
Superb apartment in excellent condition let at £1000pcm.
Living Kitchen with centre island
Lounge
3 Bedrooms
Modern Bathroom
Tenure
Freehold subject to tenancies.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
Mixed Use Investment Property
Ground Floor Sales Shop
Large 3 Bed Flat Above
Excellent Investment
EPC F
