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Wednesday 20th February 2008 5:00 PM

List Auctions

Leicester City Football Club
The Walkers Stadium
Filbert Way
Leicester LE2 7FL

Lot 0:
Auction Sale:

20 February 2008

5pm

at

Leicester City Football Club
The Walkers Stadium
Filbert Way
Leicester
LE2 7FL
Lot 1: COMMERCIAL INVESTMENT Price Guide: £70,000 - £75,000
2A Upper Church Street, Syston, Leicester LE7 1HR

Sold Prior
    Location:
  • Unit located off High Street.
    Description:
  • A single storey industrial unit of 1,186 sqft (109 sqm) approx., currently used for sign manufacturing and engraving.
    Accommodation
  • Ground Floor: 1,186 sqft (109 sqm) approx.
    Tenure:
  • Freehold subject to existing tenancy.
  • The property is let on a 6 year lease from 01.06.02 with a 3 year rent review at a rental of £4,200 per annum exc. A new lease has been negotiated for a term of 6 years with 3 year rent review from June 2008 at a rental of £4,800 per annum exc., with the tenant being responsible for insurance, internal repair and external decoration and the landlord being responsible for external repair.
Lot 2: RESIDENTIAL Price Guide: £65,000
46 Falmouth Road, Leicester LE5 4WH

Available £65,000
    Location:
  • Apartment located in Evington off Ethel Road, close to Leicester General Hospital.
    Description:
  • A second floor one bedroom apartment having electric heating and a garage in a block.
    Accommodation
  • Second Floor: Lounge/kitchen, bedroom, bathroom.
  • Outside: Garage in a block.
    Tenure:
  • Long leasehold of 125 years from 07.09.83 with 98 years of the lease remaining.
  • We are advised a maintenance charge of £98 per calendar month is payable which includes ground rent, service charge and insurance.
    View Map
Lot 3: COMMERCIAL Price Guide: £140,000 - £145,000
3 Woodgate, Leicester LE3 5GH

Available £140,000
    Location:
  • Property located on Woodgate close to Blackbird Road.
    Description:
  • A ground floor café premises with residential accommodation above.
    Accommodation
  • Ground Floor: Café area of 186 sqft (17.2 sqm) approx., fully equipped kitchen, partially completed extension.
  • First Floor: 1 bedroom self contained flat with independent access.
  • Outside: Communal rear yard.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 4: RESIDENTIAL Price Guide: £120,000 +
27 Shetland Way, Countesthorpe, Leicester LE8 5PU

Sold Prior
    Location:
  • Property located off Rosebank Road which is off Foston Lane.
    Description:
  • A 2 bedroom semi-detached bungalow with full gas central heating and double glazing.
    Accommodation
  • Ground Floor: Entrance hall, dining room, kitchen, conservatory.
  • First Floor: 2 bedrooms, bathroom
  • Outside: Front and rear garden, garage.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 5: COMMERCIAL/ RESIDENTIAL INVESTMENT Price Guide: £220,000 - £250,000
94/104 Shackerdale Road, Leicester LE2 6HS

Sold Prior
    Location:
  • Property located off Asquith Boulevard opposite the Aberdale Public House.
    Description:
  • A ground floor restaurant with a 3 bedroom self contained flat above.
    Accommodation & Tenancies:
    - Accommodation Use Tenancy Rent (£) per annum exc.
    94 Shackerdale Road Restaurant, kitchen, store, w.c. Indian Restaurant Let for a term of 15 years from 18.11.05 on full repairing and insuring basis with 4 yearly rent reviews and 5 year break clause £9,500.00
    104 Shackerdale Road 3 bedroom self contained flat Residential Let on an Assured Shorthold Tenancy for a term of 12 months from 16.02.08 at a rent of £550 pcm £6,600.00
    Outside Rear yard - - -
    Satellite Dish from Tote Sport - - Annual tenancy from 09.01.06 £700.00
    Current Rental Income: - - - £16,800.00
    Tenure:
  • Freehold subject to existing tenancies.
    View Map
Lot 6: RESIDENTIAL Price Guide: £70,000 - £75,000
184 Overpark Avenue, Leicester LE3 1NP

Sold £85,000

Property offered on behalf of Leicester City Council
    Location:
  • Property located off Gooding Avenue.
    Description:
  • A 3 bedroom semi detached property with full gas central heating and double glazing.
    Accommodation
  • Ground Floor: Entrance hall, through lounge, kitchen.
  • First Floor: 3 bedrooms, bathroom.
  • Outside: Front and rear garden with outbuilding.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 7: COMMERCIAL / RESIDENTIAL Price Guide: £200,000 - £210,000 + VAT
The Prince of Wales (Barocco), 2 Crafton St West, Leic LE1 2DE

Available £200,000
    Location:
  • Public house located in the City Centre off Wharf Street South within the regeneration area.
    Description:
  • A public house with residential accommodation above.
    Accommodation
  • Cellar: Office, 2 cool stores.
  • Ground Floor: Bar/lounge area of 1,015 sqft (94.4 sqm) approx., w.c.’s.
  • First Floor: Lounge, kitchen, 3 bedrooms, bathroom.
  • Second Floor: Potential 4th bedroom.
  • Outside: Court yard, 2 stores.
    Planning:
  • A4 (public house) use.
  • Potential for converting the upper floors into apartments subject to planning permission.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 8: LEASEHOLD INVESTMENT Price Guide: £925,000 - £950,000 + VAT
97 Granby Street, LE1 6FD & 2-6 York St, Leicester LE1 6NU

Available £925,000
    Location:
  • Property located in the heart of the Leicester City Centre on the junction of Granby Street and York Street. Surrounding uses are a mix of retail with residential above, public houses and stand alone flats.
    Description:
  • A leasehold investment for a term of 999 years from 2003 without a review at a peppercorn rent.
    Accommodation & Tenancies:
    - Floor Tenant Tenancy Rent (£) + VAT per annum exc. Notes
    97 Granby Street Ground - Sales Area (2,429 sqft / 225 sqm approx) & Basement(1,300 sqft / 120 sqm approx.) Location Consultants Ltd t/a CEX Ltd 10 years from 17.02.06 with 5 year rent reviews on full repairing and insuring basis £43,750.00
  • Break clause at the 5th year
  • Guaranteed rent by CEX LTD
  • Tenant advises us that they have 45 shops trading in the UK
  • 2 - 6 York Street Ground (2,409 sqft / 223 sqm approx) & Basement – used for car parking for approx. 6/7 cars (1,300 sqft / 120 sqm approx) Harper Resourcing Ltd 6 years from 26.03.07 with 3 year rent reviews on full repairing and insuring basis £23,750.00
  • Break clause at the 3rd year
  • Main office in Nottingham, branch offices in Derby and Leicester
  • Trading for approx. 20 years
  • Current Rental Income: - - - £67,500.00 -
    Tenure:
  • Long leasehold subject to existing tenancies.
    View Map
Lot 9: RESIDENTIAL Price Guide: £165,000 - £170,000
Plot 1, 10A Leicester Road, Anstey, Leicester LE7 7AT

Available £165,000
    Location:
  • Property located off Ned Ludd Close.
    Description:
  • A newly built 3 storey 3 bedroom town house.
    Accommodation
  • Ground Floor: Entrance hall, fitted kitchen, cloakroom, lounge.
  • First Floor: Double bedroom with en-suite shower room, bathroom.
  • Second Floor: 2 bedrooms.
  • Outside: Front and rear garden, off road parking to the side of the property.
    Tenure:
  • Freehold with vacant possession.
    Note:
  • Previously marketed for £189,000
    View Map
Lot 10: RESIDENTIAL / INVESTMENT Price Guide: £90,000- £95,000
Apartment 106, 4th Floor, Alexandra House, 47 Rutland Street, Leicester LE1 1SQ


Sold £88,000
    Location:
  • Apartment located within walking distance of the city centre and in the heart of Leicester's new culture quarter which is currently undergoing a regeneration programme.
    Description:
  • A fourth floor two bedroom luxury apartment with approximately 694 sqft (64.5 sqm) of living space accessed via a communal entrance hall with stairs and lift. The apartment has the added benefit of double glazing, electric heating and 24 hour assisted valet parking.
    Accommodation
  • Fourth Floor: Communal reception hallway with stairs & lift, reception hall way, open plan lounge/kitchen with balcony, 2 bedrooms, bathroom, balcony.
  • Outside: Communal courtyard area.
    Tenure:
  • A long leasehold for a term of 125 years from June 2006.
  • Service charge: £1,844 per annum.
  • Ground rent: £200 per annum.
    View Map
Lot 11: LAND Price Guide: £35,000 - £40,000
Land Adjacent to 2 Croft Close, Barwell, Leicester LE9 8EW

Withdrawn Prior
    Location:
  • Off Dovecote Way opposite The Common.
    Description:
  • Land with planning permission for a 2 bedroom detached dwelling.
    Total Site Area:
  • 280 sqyds approx.
    Planning:
  • Full planning permission has been granted for a 2 bedroom detached dwelling.
  • Planning Application No. 07/01238/FUL is available for inspection.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 12: RESIDENTIAL Price Guide: £45,000 - £50,000
15 Marsh Close, Rushey Mead, Leicester LE4 7TJ

Sold £45,000
    Location:
  • Property located off Trevino Drive in Rushey Mead.
    Description:
  • A ground floor studio flat with storage heating and UPVC double glazing.
    Accommodation
  • Ground Floor: Entrance hall, kitchen, bedroom/lounge, bathroom.
  • Outside: Communal garden, allocated car park space.
    Tenure:
  • Underlease of 99 years from 01.01.80 with 71 years of the lease remaining.
  • A ground rent of £180.14 per annum is payable.
  • We are advised by the vendor that the service charge is to be revised under a new management scheme (currently no service charge is payable). The previous service charge was £150 per annum approx.
    View Map
Lot 13: COMMERCIAL DEVELOPMENT Price Guide: £190,000 - £220,000
Former Rugby Empire Working Mens Club, 1 Avon St, Rugby CV21 2LS

Sold £190,000
    Location:
  • Property located on the junction of Newbold Street and Avon Street opposite Rugby police station.
    Description:
  • A former working men’s club of 2,238 sqft (208 sqm) approx.
    Accommodation
  • Cellar
  • Ground Floor: Large bar, stairs, w.c’s.
  • First Floor: Function room, office.
  • Second Floor: 6 rooms.
  • Outside: Small yard.
    Planning:
  • Full planning permission granted for restaurant on the ground floor, function room on the first floor and a 3 bedroom self contained flat on the second floor.
  • Planning Application No. RO6/0059/PLN is available for inspection.
  • Proposed scheme for change of use to 4 self contained flats, subject to planning permission. The scheme has not been submitted for planning permission but is available for inspection.
    Note:
  • The flat is in need of modernisation.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 14: RESIDENTIAL DEVELOPMENT Price Guide: £330,000 - £350,000
18-20 Asfordby Street, Leicester LE5 3QG

Sold Prior
    Location:
  • Units located off St Saviours Road within close proximity to one of Leicester’s largest mosques ‘Jammei Mosque’ and Spinney Hill Park.
    Description:
  • A pair of industrial properties totalling approximately 8,639 sqft (803 sqm). Planning permission has been granted for 11 self contained flats.
    Accommodation
    Front Unit:
  • Lower Ground Floor: 1,948 sqft (181 sqm)
  • First Floor: 1,991 sqft (185 sqm)
  • Second Floor: 2,045 sqft (190 sqm)
  • Third Floor: 1,560 sqft (145 sqm)
  • Total: 7,544 sqft (701 sqm) approx.
    Rear Unit:
  • Ground Floor: 586 sqft ( 54 sqm)
  • First Floor: 509 sqft ( 47 sqm)
  • Total: 1,095 sqft (101 sqm) approx.
    Site Area:
  • 6,619 sqft (615 sqm) approx.
    Planning:
  • Full planning permission has been granted for 5, 2 bedroom self contained flats and 6, 1 bedroom self contained flats.
  • There is car parking for 8 vehicles at the rear of the property.
  • Planning Permission No. 20071192 dated 22.10.07 is available for inspection.
  • The seller advises us that there may be potential to extend the size of the development subject to planning permission.
    Note:
  • A Section 106 Notice of £12,183 to be paid by the developer to the Local Authority.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 15: RESIDENTIAL DEVELOPMENT Price Guide: £1,100,000 - £1,200,000
350 Groveley Lane, Birmingham B31 4PT

Available - £975,000
    Location:
  • Property located on B4096 Groveley Lane off Lowhill Lane adjacent to Longbridge Plant.
    Description:
  • A vacant industrial site of 1.07 acres previously used as “Clarkes” car repair and spray site (Rover Group Engineering Fleet Control). The site is bounded to the west by a railway line and on the north and east by residential properties.
    Site Area:
  • 1.07 acres approx.
    Planning:
  • The site has outline planning permission for the erection of 13 dwellings as follows:
  • 2 x 4 bedroom house (1,218 sqft approx.)
  • 5 x 4 bedroom house (1,408 sqft approx.)
  • 6 x 3 bedroom house (1,000 sqft approx.)
  • Total Coverage: 15,476 sqft approx.

  • Planning Permission No. S/06191/07/OUT dated 11.10.07 and the associated drawings are available for inspection.
    Note:
  • Suitable for alternative uses such as retail/business park, subject to planning permission.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 16: COMMERCIAL INVESTMENT Price Guide: £550,000
16 Belvoir Street, Leicester LE1 6QH

Available £550,000
    Location:
  • Property located off Granby Street in the heart of the Leicester City Centre.
    Description:
  • A 3 storey retail premises with offices/stores above.
    Accommodation:
    Ground Floor:
  • Sales Area: 791 sqft ( 73.5 sqm)
  • Rear Office: 213 sqft ( 19.8 sqm)
  • Kitchen: 109 sqft ( 10.1 sqm)
    First Floor:
  • Office / Stores: 739 sqft ( 68.7 sqm)
  • Stores: 725 sqft ( 67.3.sqm)
    Total:
  • 2,577 sqft (239.4 sqm) approx.
    Planning:
  • Planning permission has been granted for conversion of the upper floors to residential accommodation.
    Tenure:
  • Freehold subject to existing tenancy.
  • The property is let for a term of 5 years from 08.09.05 at a rent of £40,000 per annum exc., on internal repairing and insuring basis. The rent is personally guaranteed.
    View Map
Lot 17: COMMERCIAL Price Guide: £250,000
Former Snibston Primary School, Leicester Road, Snibston, Coalville, Leicestershire LE67 2AR


Sold £359,000

Property offered on behalf of Leicestershire County Council
    Location:
  • School located on Leicester Road, Snibston at the junction with St Mary’s Lane.
    Description:
  • A rare opportunity to acquire a former school premises. The subject property predominately comprises of brick built buildings with pitched, tiled roofs. There is a large playground area to the front and side of the property.
    Accommodation
  • The subject site extends to 0.589 acres / 0.238 hectares approx. The current property accommodates 247 sqm / 2,662 sqft approx. net internal area all on the ground floor.
    Planning:
  • The property has an existing DI use.
  • D1 use includes a range of uses which include educational and training uses, uses for worship, clinics, health centres, crèches, day nurseries, consulting rooms, museums, public halls, libraries, art galleries and exhibition halls.
  • Planning permission has been granted for change of use to offices. Planning Application No. 07/00064/FUL dated 22.02.07 is available for inspection.
  • Suitable for other uses subject to planning permission.
    Note:
  • There is a covenant that the property is to be used only for D1 (non residential) use or B1a (office) use.
  • There is an uplift clause to state that if the purchasers or successors in title obtain planning permission for a more valuable use on the site the Leicestershire County Council will receive 750f the uplift in value.
  • Purchaser to erect and forever maintain a post and four rail fence (or other fence to be agreed) along the boundary marked A-B on the plan (see catalogue).
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 18: COMMERCIAL INVESTMENT Price Guide: £145,000 - £150,000
79 Market Street, Longton, Stoke on Trent ST3 1BW

Withdrawn Prior
    Location:
  • Property located in the busy town of Longton close to major stores, banks, restaurants etc.
    Description:
  • Recently refurbished 3 storey retail premises currently trading as a hair, nail, beauty and sun bed salon.
    Accommodation
  • Ground Floor: Hairdressing/beauty salon - 680 sqft approx.
  • First Floor: Large beauty room, waiting area, kitchen, w.c. - 620 sqft approx.
  • Second Floor: Beauty room, waiting area - 320 sqft approx.
  • Outside: Communal yard.
    Tenure:
  • Freehold subject to existing tenancy.
  • The property is let for a term of 15 years from 30.05.07 at a rent of £14,000 per annum exc. on full repairing and insuring basis with 5 yearly rent reviews and no break clause.
    View Map
Lot 19: BUILDERS YARD Price Guide: £75,000
2a Greendale Road, Glen Parva, Leicester LE2 9HB


Available £70,000
    Location:
  • Yard located off Lutterworth Road and Dorothy Avenue.
    Description:
  • A builders yard of 1,000 sqft approx. with yard area.
    Total Site Area:
  • 208 sqyds approx.
    Planning:
  • We have been advised that the current planning permission is for a builders yard.
  • Suitable for residential subject to planning permission.
    Tenure:
  • Freehold with vacant possession.
Lot 20: RESIDENTIAL INVESTMENT Price Guide: £90,000 - £95,000
Flat 3, 8-10 Mill Hill Lane, Leicester LE2 1AH

Sold £91,000
    Location:
  • Apartment located off A6 London Road, within walking distance of the City Centre, railway station and Victoria Park.
    Description:
  • A 2 bedroom ground floor apartment measuring 700 sqft approx., with full gas central heating and secure car parking.
    Accommodation
  • Ground Floor: Entrance hall, 2 bedrooms, lounge / fitted kitchen, bathroom.
  • Outside: Secure car park accessed via electric gates.
    Tenure:
  • Long leasehold of 999 years from 2003.
  • A ground rent of £1 pa is payable if demanded.
  • Cleaning, maintenance and building insurance is paid for collectively by all the occupiers.
  • The current insurance premium per flat is £102.70 per annum.
    Tenancy:
  • Let on a 6 months Assured Shorthold Tenancy from 01.09.07 at £525 pcm exc.

View Map
Lot 21: RESIDENTIAL Price Guide: £160,000 - £165,000
Glengarry, Main Street, Peatling Magna, Leicester LE8 5UQ

Sold £176,000
    Location:
  • Property located on Main Street in the village approximately 8 miles from the City Centre.
    Description:
  • A 2 bedroom semi detached cottage with partially double glazed windows.
    Accommodation
  • Ground Floor: Lounge, reception room, kitchen, bathroom.
  • First Floor: 2 bedrooms.
  • Outside: Garage, side and rear garden.
    Planning:
  • Potential to extend the property to the side and to the rear subject to planning permission.
    Note:
  • In need of modernisation.
    Tenure:
  • Freehold with vacant possession.
    View Map
Lot 22: LAND Price Guide: £15,000
Former Playing Field, St Mary’s Lane, Snibston, Coalville LE67 2AR


Sold £80,000

Property offered on behalf of Leicestershire County Council
    Location:
  • Land located off Leicester Road on St Mary’s Lane.
    Description:
  • Former playing field of 1.255 acres (0.5079 hectares) approx. with vehicular access from St Mary’s Lane.
    Note:
  • There is a covenant that the land is to be used only as a school playing field, agricultural land or pony paddock.
  • There is an uplift clause to state that if the purchasers or successors in title obtain planning permission for a more valuable use on the site the Leicestershire County Council will receive 75 per cent of the uplift in value.
    Tenure:
  • Freehold with vacant possession.
    View Map