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152 Belgrave Gate, Leicester, LE1 3XL

Lot no: 8.0 Sold at Auction for £130,000
 

Guide Price £100,000 plus fees


Thursday 20th March 2014

12.00am
Key Features
A freehold terraced unit with three floors located in the City Centre currently generating £11,400 p.a
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Sold at Auction for £130,000

Commercial

Property Description

For sale by auction – Thursday 20th March 2014
At Leicester City Football Club, King Power Stadium, Filbert Street, Leicester LE2 7FL
Commencing at 11.30 am

A freehold terraced building with three floors arranged as ground floor shop with residential accommodation above, currently generating £11,400 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

Ground Floor:

Retail sales area
W.c.
Kitchen
Cellar

First Floor:

Lounge
Kitchen
Bathroom

Second Floor:

Two bedrooms

Tenure
Freehold. Subject to tenancies.

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 fee of £750 (inc VAT) payable on the fall of the hammer.

Feature 1

Freehold terraced unit with three floors

Feature 2

Currently generating £11,400 per annum

Feature 3

Located in the City Centre

Feature 4

EPC Rating: Tbc

Tenure: