Land
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 site of approximately 1.5 acres with planning permission for a single storey 40 bedroomed residential care home.
The planning permission which was granted on 25/05/01 under reference no. 20010546 has been implemented. We have been advised that the foundations for the development have been laid.
The planning permission and detailed plans are available for inspection.
The initial planning permission for the site was for 7 houses and 5 bungalows.
There is a possibility of developing up to 25 units subject to obtaining planning permission.
All enquiries regarding planning should be made to Leicester City Council Planning Department 0116 252 7249.
Tenure
Freehold. 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 fee of £750 (inc VAT) payable on the fall of the hammer.
Development Site
Planning for 40 Bedroom Care Home
Previous Residential Planning Permission
Close to City Centre
Possibilty for large residential scheme subject to planning
Excellent Investment
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