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154 Belgrave Gate, Leicester, LE1 3XL

Lot no: 16.0 Sold at Auction for £131,000
 

Guide Price £90,000 plus fees


Thursday 23rd January 2014

12.00am
Key Features
Freehold terraced building with three floors
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Sold at Auction for £131,000

Commercial

Property Description

For Sale by Auction Thursday 23rd January 2014

At Leicester City Football Club, King Power Stadium, Filbert Street, Leicester, LE2 7FL

Commencing at 11.30am

A freehold terraced building with three floors arranged as ground floor shop with residential accommodation above, the ground floor unit is currently let and generating an income of £7,200 per annum.

Location

The property is located in the city centre between Charles Street and Burleys Way, less than half a mile from the Clock Tower.

Accommodation

On the Ground Floor:

Retail Unit

 

Wc

 

Cellar

On the First Floor:

 

Lounge

Kitchen

 

Bathroom

On the Second Floor:

 

Two Bedrooms

 

Wc

 

Tenure

Freehold. Ground floor retail unit is subject to tenancy. First/second floor residential accommodation is offered with vacant possession 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

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 contract handling fee of £500 (plus VAT) payable on the fall of the hammer.

Feature 1

Freehold terraced building with three floors

Feature 2

On behalf of the Joint LPA Receivers

Feature 3

Ground floor unit currently generating £7,200 per annum

Feature 4

Located in the City Centre

Feature 5

EPC Rating: Ground Floor G; First/Second Floor D

Tenure: