Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 1 - 43 Melrose Road, Thringstone, Coalville, Leicestershire, LE67 8NG

RESIDENTIAL

Price Guide: £60,000 - £65,000

Property Images

SOLD PRIOR

 

Location:

Property located off Loughborough Road and close to A512 Ashby Road.

                       

Description:    

A well presented 3 bedroom town house with gas central heating and uPVC double glazing.

 

Accommodation:

Ground Floor:    Through lounge, dining kitchen.

First Floor:        3 bedrooms, bathroom.

Outside:            Large front driveway and rear garden.

 

Note:               

Estimated rental value of £475 - £500 pcm exc.             

 

Tenure:           

We understand that the property is freehold and vacant possession will be given upon completion.

 

 

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 2 - Land adjacent to 4 Granby Road, Hinckley, Leicestershire,LE10 0PW

LAND

Price Guide: £85,000 - £90,000

Property Images

SOLD

 

Location:         

Site located off Rugby Road.

 

Description:                                                                                                                     

A level site of approximately 3,670 sqft (341 sqm), previously used as a children’s

play area.

 

Planning:        

Planning permission has been granted for two semi-detached properties.

Planning Application No. 08/00658/OUT and the plans are available for inspection.

 

Tenure:           

We understand that the land is freehold and vacant possession will be given upon completion.

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 3 - 9 Gun Hill, Arley, Coventry,CV7 8HA

RESIDENTIAL

Price Guide: £70,000 - £75,000

Property Images

Location:

Property located in Arley opposite Gun Hill Infant School.          

 

Description:

A well presented extended 3 bedroom mid terrace property with gas central heating

and uPVC double glazing.    

 

Accommodation:

Ground Floor:   Lounge, reception room with open staircase, kitchen, bathroom,

                       utility area.

First Floor:       3 bedrooms.

Outside:          Car access via shared driveway to rear, double tandem garage 

                      with garden beyond. 

 

Tenure:           

We understand that the property is freehold and vacant possession will be given upon completion.

 

Note:

Previously marketed for £94,950

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 4 - 24 Careys Close, Leicester,LE1 5NS

COMMERCIAL INVESTMENT / DEVELOPMENT

Price Guide: £675,000 - £695,000

Property Images

Location:

Property located near to the junction of Peacock Lane adjacent to the former

Leicester Grammar School.

                       

Description:    

A 5 storey building with all mains services and a small yard to the rear.

 

Accommodation & Tenancies:

Floor

Accommodation sqft approx.

Lease

Rent (£) pa exc.

Basement

3,200

Let for a term of 6 years from 19.12.08 on a full repairing and insuring basis with 3 yearly rent reviews 

£48,000.00

Note 1

Ground

2,800

First

2,550

Vacant

Note 2

Second

2,550

Vacant

 

Third

2,550

Vacant

 

Flat Roof only

 

Let to T-Mobile & Hutchinson 3G UK Ltd for a term of 15 years from July 2006 with 3 yearly upward only rent reviews

£10,500.00

Note 3 & 4

Current Rental Income

£58,500.00

Rental Income as from 19.12.09

£63,200.00

Estimated Rental Income when fully occupied

£76,700.00

 

 

Planning:

There is potential for change of use of the upper floors or the whole building, and for the construction of additional floors subject to planning permission.

 

Note:   

1.      The rent for the following years is as follows:  year 2 = £52,200 pa exc., year 3 

      = £58,200 pa exc.

2.      The first, second and third floors were previously occupied by Snooker Club 147 for approximately 27 years at a rent of £26,000 pax for the last 5 years.

3.      The rent review is due on 12.07.09 and the minimum rent review is the retail price index or market value, whichever is greater.

4.      A Landlord and Tenant break clause is available after 28.03.13 by giving 12 months prior written notice.

 

Tenure:           

Freehold, part investment and part vacant possession.

 

 

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 5 - 25 Coniston Road, Kirkby-in-Ashfield, Nottingham, NG17 7PH

RESIDENTIAL

Price Guide: £55,000 - £60,000

Property Images

SOLD PRIOR

 

Location:

Property located off Beacon Drive which is off Clumber Street.

                       

Description:

A 3 bedroom semi detached property with gas central heating.   

 

Accommodation:

Ground Floor:    Lounge, kitchen, w.c., utility area.

First Floor:        3 bedrooms, bathroom.

Outside:            Front and rear gardens.

 

Tenure:           

We understand that the property is freehold and vacant possession will be given upon completion.

 

Note:

Previously marketed for £72,500.

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 6 - 53 Stonebridge Street, Leicester, LE5 3PB

COMMERCIAL

Price Guide: £185,000 - £190,000

Property Images

SOLD PRIOR

Location:

Property located off St Barnabas Road, close to Green Lane Road.

 

Description:    

A two storey property comprising of a factory and former residential dwelling. 

 

Accommodation:

Former Residential Dwelling

Ground Floor:   3 reception rooms, kitchen, pantry.

First Floor:        4 bedrooms, bathroom.

Factory

A two storey property of approximately 2,400 sqft (223 sqm).

Outside:            Small rear yard.

 

Planning:

Potential to be reused as a residential property, subject to notifying the relevant authorities.        

 

Note:   

The former residential property benefits from part uPVC double glazing and gas central heating.  The factory includes an integral driveway, 3 cold rooms and office space.

 

Tenure:           

We understand that the property is freehold and vacant possession will be given upon completion.

 

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 7 - 76 Farnborough Drive, Daventry, NN11 8AL

RESIDENTIAL

Price Guide: £125,000 - £130,000

Property Images

SOLD PRIOR

Location:

Property located off A361 Ashby Road, close to Drayton Reservoir within the Anglers residential development.

                       

Description:    

A recently built 3 bedroom town house constructed by David Wilson Homes and completed in Spring 2008.

 

Accommodation:

Ground Floor:   Lounge/diner, fitted kitchen, w.c.

First Floor:       2 bedrooms, bathroom.

Second Floor:  Master bedroom with en-suite.

Outside:          Rear garden and a covered parking space to the rear.

 

Note:               

The Auctioneers have not inspected the property.

 

Tenure:           

·         We understand that the property is freehold and subject to the existing tenancy.

·         The property is let on an Assured Shorthold Tenancy for a term of 6 months from 13.12.08 at a rental of £730 pcm exc (£8,760 pa).

·         There is an annual service charge payment £302.06 plus VAT for the gated parking court at the rear of the property.

 

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 8 - 26 Smith Dorrien Road, Leicester,LE5 4BF

COMMERCIAL

Price Guide: £750,000 - £775,000

Property Images

Location:

Property located off East Park Road. 

 

Description:

A large detached, mainly single storey industrial unit, with access from both Smith

Dorrien Road and French Road situated adjacent to residential properties.         

 

Accommodation:

Total:   23,000 sqft (2,136 sqm) on a site area of 0.65 acres approx.

 

Planning:

Potential for residential development subject to planning permission.

 

Note:

Property in need of some modernisation.

Previously marketed at £950,000.          

 

Tenure:           

We understand that the property is freehold and vacant possession will be given upon completion.

 

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 9 - Land adjacent to 3 Rutland Avenue, Hinckley, Leicestershire,LE10 0QH

LAND

Price Guide: £85,000 - £90,000

Property Images

Location:         

Site located off Rugby Road.

 

Description:    

A level site of approximately 4,000 sqft (371 sqm), previously used as a childrens’

play area.

 

Planning:        

Planning permission has been granted for two semi-detached properties.

Planning Application No. 08/00659/OUT and the plans are available for inspection.

 

Tenure:           

Freehold with vacant possession.

 

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 10 - 78 Fieldfare Close, Oakley Vale, Corby,NN18 8FF

RESIDENTIAL

Price Guide: £95,000 - £100,000

Property Images

Location:

Property located close to A6014 Oakley Road, within the Oakley Vale residential

development.

                       

Description:    

A recently built 3 bedroom town house constructed by David Wilson Homes.

 

Accommodation:

Ground Floor:    Study room, utility room, w.c., integral garage.

First Floor:        Lounge/diner, breakfast kitchen.

Second Floor:    3 bedrooms one with en-suite, family bathroom.

Outside:            Rear garden.

 

Note:               

The Auctioneers have not inspected the property.

 

Tenure:           

·         We understand that the property is freehold and subject to the existing tenancy.

·         The property is let on an Assured Shorthold Tenancy for a term of 6 months from 23.12.08 at a rental of £625 pcm exc. (£7,500 pa).

 

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 11 - 151 London Road,Leicester,LE2 1EF

COMMERCIAL INVESTMENT

Price Guide: £485,000 - £495,000

Property Images

Location:

Property located on the main A6 London Road.

 

Description:    

A single storey building recently converted from a Thanksgiving Hall to an Indian Restaurant/Shisha Garden.

 

Accommodation:

Ground Floor:     Restaurant, kitchen, w.c.’s.

                         Total:  3,000 sqft (278.82 sqm) approx.

Outside:             Rear and side yard used as a “Shisha Garden”.

 

Tenure:           

·         We understand that the property is freehold subject to existing lease.

·         The property is let on a 25 year F.R.I lease from 24.08.06 at a current rent of £39,500 pax, with 5 yearly upward only rent reviews.

·         There is a minimum rent increase of 3% pa or market value whichever is greater.       

 

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 12 - 297 Avenue Road Extension,Leicester, LE2 3ER

RESIDENTIAL

Price Guide: £85,000 - £90,000

Property Images

Location:

Property located in Clarendon Park off A50 Welford Road.

 

Description:    

A two bedroom terraced property.

 

Accommodation:

Ground Floor:    Reception room, open plan lounge/fitted kitchen.

First Floor:        2 bedrooms, bathroom.

Outside:            Rear yard.

 

Note:

The property benefits from gas central heating.

The Auctioneers have not inspected the property.                      

 

Tenure:           

We understand that the property is freehold and vacant possession will be given upon completion.

 

Joint Agents:   

Moore & York

Check out the area

Date of Auction: 17/06/2009 17:00:00 - Leicester Racecourse,Leicester Road,Oadby,LE2 4AL

Lot 13 - 252 Narborough Road,Leicester,LE3 2AP

COMMERCIAL

Price Guide: £150,000

Property Images

Location:

Property located on A5460 Narborough Road, near to Danvers Road.

                       

Description:    

A two storey commercial property.

 

Accommodation:

Ground Floor:    Retail unit, kitchen

Total:  892 sqft (82.8 sqm) approx.      

First Floor:        Office, storage space, w.c.

Total:  847 sqft (78.6 sqm) approx.      

Outside:            Small rear yard.

 

Note:   

Property in need of some modernisation.          

 

Tenure:           

We understand that the property is freehold and vacant possession will be given upon completion.

Check out the area

 

Kal Sangra - Shonki Brothers | 55 London Road, Leicester LE2 OPE | TEL: (0116) 254 3373 | FAX: (0116) 285 4491

Surveyors | Auctioneers | Property Management | Property Development | Estate Agents

website created by miwi