Lot 2 - 55 Loughborough Road, Leicester, Leicestershire, LE4 5LJ

  • Unconditional Online Auction Sale
  • Guide Price* : £110,000 plus
  • 197.89 sq. ft (2,130 sq. ft)
  • Mixed office and residential
  • Potential alterative uses STPP
  • Convenient location

Vacant Mixed Office and Residential Premises approximately197.89 sq. ft (2,130 sq. ft)

Description

*VIEWING DATES AND VIDEO TOUR AVAILABLE UPON REQUEST* The property comprises a prominent corner premises, with ground floor office, together with storage, ancillary staff facilities and residential above.

The ground floor opens into the main sales office, with a kitchen, a further office and a couple of WCs to the rear. A door leads to an entrance hallway, with stairs up to the first floor, where there is a lounge/dining room, a kitchen, a further 3 rooms which were being used as bedrooms, a WC and 2 shower rooms. Beneath the front of the ground floor is cellar storage, accessed via a staircase, covered with a trap door entrance.

There is also an additional external doorway to the entrance to the first floor so potential to split the premises, albeit all services (gas and electricity) appear linked at the moment.

Refurbishment is required and the property has potential for alternative uses subject to obtaining the necessary consents.

Location

Situated in a prominent corner position at the junction of Loughborough Road and Portsmouth Road, in a predominantly residential area approximately 1.25 miles north of the city centre. Nearby are local neighbourhood retail and other amenities and local bus routes can be accessed directly on Loughborough Road.

Tenure

Freehold.

Accommodation

We detail the approximate gross internal areas:

Cellar: 20.67 sq. m (223 sq. ft)
Ground Floor: 88.56 sq. m (953 sq. ft)
First Floor: 88.66 sq. m (954 sq. ft)

Total:197.89 sq. ft (2,130 sq. ft)

EPC

Energy Asset Rating is TBC.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2,700 (inc VAT) payable upon exchange of contracts.

Additional Information

1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Office Contact

James Ashworth
0161 967 0122
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