Residential Development in Ratcliffe on the Wreake

The Old Pumping Station, Broome Lane, East Goscote, Ratcliffe on the Wreake, Leicestershire LE7 3WS

Lot no: 1 Property type: Residential Development Auction type:

Guide Price* £28,000+plus fees Result Sold at Auction £43,000

Former Pumping Station in East Goscote

Property Description

A unique opportunity to purchase The Old Pumping Station, located on Broome lane between East Goscote and Ratcliffe on the Wreake. The site is opposite Beedles Lake golf course. The double height, brick built Pump House measures approximately 9m x 6.3m and stands on a site of approx. 0.13 acres and is surrounded by fields and has the river as one boundary. The property could be utilised for numerous uses such as a family home, office space, holiday home or workshop with the ability for gardens and parking subject to obtaining the necessary planning permissions. Planning permission (ref P/16/1413/2) was refused in 2016 to convert the pump house into a residential property. The main objection was that it stood in flood zone 3B; however, there has now been a flood risk survey carried out and the building actually stands on flood zone 2 which stands grounds for appeal to be granted. More information is contained within the legal pack available on our website. Very rarely do opportunities like this come to the market and viewing is highly recommended.


Freehold. Vacant possession upon completion.

Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction 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 the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*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, 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. 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 the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

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 cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.