Commercial
*Guide Price: £117,000+
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
A fantastic opportunity to purchase The Bake House and building plot located in a quiet location within the heart of Croft village. There is currently planning permission granted to build a 3/4 bedroom detached property, however, there could be scope to change the scheme to offer a row of Mews Houses subject to permissions.
More information can be found on www.blaby.gov.uk
Planning Ref 14/0793/1/PX
There are two parts to the development site-
The old Bake House
A brick built Victorian building having planning permission to extend and convert into a unique 2 bedroom home.
The building is of an irregular shape and measures 7.00m x 4.00m max and has recently had a new first floor put in.
Once converted the property will comprise-
Ground Floor
Open plan lounge-dining area and kitchen with bi-fold doors opening onto the rear garden and w.c.
First Floor
2 Bedrooms and bathroom.
Outside
Good size rear garden.
New Build House
There is also full planning permission to build a 3-4 bedroom detached house adjacent to the Bake House with parking to the front.
Once built the new build property will comprise-
Ground Floor
Lounge/Dining Room
Kitchen
First Floor
Bedroom 1 – with en-suite
Bedroom 2
Bedroom 3
Bedroom 4/ Study
Family Bathroom
Outside
Parking for 2 cars to the front and good size rear garden.
Tenure
Freehold. Vacant possesion on completion.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
Development Opportunity
Planning for 3-4 Bedroom Detached House
Bake House to Convert to 2 Bedroom House
Beautiful Village Location
EPC TBC
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