For Sale By Auction | 6.00 pm, 15 February 2018 | Lot 4

48 Highgate Road, Sileby, Loughborough, Leicestershire, LE12 7PP

Sold £210,000

  • Commercial Development
  • Tenure: Freehold

Call the team on 0116 222 7575 for more information

Auction Date

Thu 15/02/2018

Auction Time

6.00 pm

Auction Venue

Readings 48 Granby Street, Leicester, LE1 1DH

Retail unit with apartment on first floor

A mixed residential and commercial opportunity in the sought after north Leicestershire village of Sileby currently run as a retail unit on the ground floor and then a duplex three bedroom apartment to the first floor. There is a single garage and an enclosed rear garden. Potential for conversion to form a multi unit residential investment block subject to relevant consents. It is noteworthy that a similar property within this parade has been converted to full residential use. The ground floor shop area currently has a large window frontage with counter and then partitioning that forms a work area and storage facility and there is a small kitchenette, toilet and access to the rear garden. The flat is approached by an external staircase and has accommodation including entrance hall with stairs to second floor, well fitted kitchen, spacious lounge. On the second floor there are three bedrooms and a bathroom with full suite. The flat has gas central heating with a separate meter and the shop area has a separate electric meter and there is one water supply for the whole building. Excellent potential to form a number of self contained units deriving an excellent income.

Tenure

Freehold

Ground Floor – Retail Area

18’7” x 26’9”, Rear Storage 15’8” x 6’4”

First Floor Apartment

Approached by entrance vestibule/Porch, Entrance Hall, Kitchen 13’11” x 8’11”, Lounge 19’1” x 12’11”

Second Floor

Bedroom One 12’11” x 11’0”, Bedroom Two 13”2’ x 9’2”, Bedroom Three 7’9” x 12’11”, Bathroom

Outside

To the front of the property there is a forecourt parking for approximately four vehicles together with a detached brick garage and covered side pedestrian access. The width from the edge of the property to the edge of the plot is 4.39m and holds potential for redevelopment subject to planning consent.

Outside

To the front of the property there is a forecourt parking for approximately four vehicles together with a detached brick garage and covered side pedestrian access. The width from the edge of the property to the edge of the plot is 4.39m and holds potential for redevelopment subject to planning consent.

Directions

On entering Sileby on the Ratcliffe Road continue to the centre of the village and bear right onto Highgate Road. Follow the road round and the property can then be found on the right hand side by the Auctioneer's For Sale board.

Viewing:

By appointment with the Auctioneers. Tel: 0116 222 7575

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Charnwood Borough Council

Solicitors

HPLC, 1311E Melton Road Braemar Court Syston Leicester LE7 2EN, Ref: Heather Philip, Tel: 0116 2608990

Offered in association with

R B Gates Ltd

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £750 Plus VAT (£900.00 inc VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on Completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.