fbpx

Mixed Use in Leicester

94 & 94a High Street, Earl Shilton, Leicester, Leicestershire LE9 7DG

Lot no: 21 Property type: Mixed Use Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £135,000+plus fees Result Withdrawn



A spacious mixed use property located on Earl Shilton High Street.

Property Description

A ground floor shop with a four bedroomed first floor flat arranged over two floors. The property has been fully refurbished throughout and is ready to move straight in. A great investment purchase. Estimated rental income circa £15,000 per annum. The commercial aspect could be utilised for a wide range of uses such as sales shop, beauty salon, coffee shop, hairdressers etc subject and any required consents. The property also offers excellent scope to convert the four bedroom living accommodation into two separate flats - a ground floor studio flat and a two bedroom first floor flat. This would give an estimated rental income of around £17,000 per annum.

Sales Shop
Main Sales Area

7.80m x 4.77m
With large window to front and central doorway.

Cloakroom

With low flush w.c. and wash hand basin.

Store / Kitchen

3.81m x 1.95m
With space for kitchen area and plumbing.

4 Bedroom Flat
Lounge

3.64m x 3.80m
With window to the rear aspect.

Kitchen

3.87m x 2.20m
Refitted kitchen with base and wall units, appliances, window to the side and wall boiler.

Bathroom

A refitted suite comprising low flush w.c. wash hand basin, panel bath with shower attachment, tiling and window to the side.

Bedroom 1

4.20m x 3.70m
With window to the front

Bedroom 2

3.36m x 3.38m
With window to the side aspect.

Bedroom 3

3.66m x 2.80m
With window to the side aspect.

Bedroom 4

3.91m x 2.05m
With window to the side aspect.

Shower Room

Modern suite comprising low flush w.c. wash hand basin and shower cubicle.

Outside

A small paved frontage and an enclosed rear garden with brick store, patio and rear gated access.

Tenure

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.

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 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.