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29 Loughborough Road, Quorn, Loughborough, Leicestershire LE12 8DU

Lot no: 26 Sold at Auction for £435,000
 

Guide Price £425,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 25th August 2022

10.00am
Key Features
  • Former ten bedroomed care home
  • Scope for redevelopment subject to planning
  • Parking to front and rear
  • Possibility of forming two x four bedroomed houses (subject to planning)
  • Highly desirable village location
  • Viewing essential
  • EPC Rating: C
  • Council Tax Band: E
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Sold at Auction for £435,000

Commercial Development

Property Description:

DRAFT DETAILS - AWAITING APPROVAL

A large, freehold, former ten bedroomed care home which offers excellent scope for redevelopment subject to required planning permissions.

Offering scope for numerous uses such a conversion to flats, HMO or further office/ commercial use, but it is felt the property would easily split into two x four bedroomed houses each with parking and garden, again subject to obtaining planning permission. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

Currently offering ten bedrooms, six shower rooms/wcs. large lounge, two offices, two kitchens, utility, cellar, central courtyard garden, rear garden and parking.

Situated in the highly regarded village of Quorn which offers good local amenities and easy commuting to Loughborough and Leicester.

Ground Floor

Reception Hallway. Through Lounge 7.42m x 3.68m. Office 3.61m x 2.40m. Breakfast Room 3.90m x 2.60m. Kitchen One - 3.35m x 2.50m. Kitchen Two - 3.00m x 2.80m. Utility Room 1.83m x 1.78m. Bedroom One - 3.58m x 4.26m max. Bedroom Two - 4.05m x 4.21m max. Bedroom Three - 3.33m x 2.86m. Shower Room One. Cloakroom/wc.

Cellar

With large boiler and hot water system.

First Floor

Landing. Bedroom Four - 3.70m x 3.65m. Bedroom Five - 3.68m x 3.60m. Bedroom Six - 4.04m x 2.60m. Bedroom Seven - 3.30m x 2.50m. Bedroom Eight - 3.30m x 2.90m. Bedroom Nine - 4.24m x 3.50m. Bedroom Ten - 2.70m x 4.22m. Office One - 3.60m x 3.90m. Office Two - 3.30m x 2.80m. Shower Room Two. Shower Room Three. Bathroom. Cloakroom/wc.

Outside

Parking to the front for up to three cars. An internal courtyard garden. Rear garden and access for further parking for 2-3 cars to the rear.

Tenure:

Freehold. Vacant possession upon completion.



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 (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


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 £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

Guide Price & Reserve Price

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.