Other
*Guide Price: £68,000+
For sale by auction – Thursday 29th January 2015
At Leicester City Football Club, King Power Stadium, Filbert Street,
Leicester LE2 7FL
Commencing at 11.30 am
Brief Description
A Grade II listed former School building most recently used for the manufacture and storage of Pottery. The premises are located on Wellington Road in Hanley and have the benefit of on-site parking within grounds of 0.46 acres (0.19 ha). Internally, there are workshops, offices and a Studio flat to the first floor.
Description
A Grade II listed former School building of brick construction under a series of pitched roofs. The premises were most recently used for the manufacture and storage of Pottery and there is onsite parking within the grounds of 0.46 Acres (0.19 Ha). Internally, the property is configured to provide a number of workshops and offices at ground floor level with a Studio Flat providing living accommodation above.
The property would suit a variety of business uses or may lend itself to residential conversion subject to obtaining the necessary planning consents.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
Former School Premises
0.46 acres Site
Workshop & Office
Studio Flat
EPC Rating: D
