Commercial Property
An opportunity to acquire a former retail premises and former car park with development potential for six flats or three townhouses (subject to planning consents).
The premises are situated along the high street within the village of Measham in the county of Leicestershire some 3 miles south of Ashby-de-la-Zouch and 17 miles north west of Leicester city centre. The village is easily accessible via the M42 dual carriageway. The property is in close proximity to the Health Centre together with multiple retailers in the form of Tesco and Dean and Smedley Pharmacy.
The property comprises a detached retail unit arranged over the ground and first floors. The first floor access has been removed. The access can be reinstated if required. The accommodation also benefits from its own dedicated service yard and car park.
The property comprises the following approximate areas:-
235.51 sq m 2,535 sq ft
104.98 sq m 1,130 sq ft
See Legal Pack.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.
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