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Sold for £198,000 For Sale by Public Auction on14/02/2024

Location:
The site is located off Braunstone Avenue and close to Braunstone Park & Skatepark. The site can be accessed via a driveway between 61 and 63 New Fields Avenue.

Description:
A former maintenance depot of approximately 1,357 sqft (126.2 sqm) comprising 2 detached single storey buildings on a site area of 0.43 acres (0.17 hectares). The property requires repair.

Accommodation:
Depot:
Main Building: 511 sqft (47.48 sqm)
Attached Store: 149 sqft (13.87 sqm)

Detached Garage:
697 sqft (64.72 sqm)

Outside:
Yard area surrounding the depot.

Total GIA: 1,357 sqft (126.2 sqm) approx.

Total Site Area: 0.43 acres (2,081 sqyds) approx.

Planning:
Existing Use within Sui Generis Class.
Potential for alternative uses i.e. residential, educational etc subject to planning permission.
Development guidance will be available in the legal pack.
Local Authority: Leicester City Council[use Contact Agent Button].

Note
VAT will be payable on the purchase price.
The contract will include an Overage Clause for a 25 year period stating that if the residential development includes for in excess of 2 dwellings, then an overage payment of 25% of the agreed sale price (subject to an upward only indexation in line with any increase in the Consumer Prices Index between the date of legal completion and date of payment of the overage) on implementation of any outline or detailed planning permission per additional dwelling.
The sale will be subject to the Buyer paying the Seller's legal fees and surveyors fees of 2% plus VAT.
No offers will be accepted on this lot prior to the auction.

Tenure
Freehold.

Energy Performance Certificate:
Rating 191, Band G.

Solicitors
Legal Services, Leicester City Council, City Hall, 115 Charles Street, Leicester LE1 1FZ
[use Contact Agent Button] ~ Ref: B Mistry