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Auctions
Wednesday 20th February 2008 5:00 PM
List Auctions
Leicester City Football Club
The Walkers Stadium
Filbert Way
Leicester LE2 7FL
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Auction Sale:
20 February 2008
5pm
at
Leicester City Football Club
The Walkers Stadium
Filbert Way
Leicester
LE2 7FL
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| Lot 1: COMMERCIAL INVESTMENT |
Price Guide: £70,000 - £75,000
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| 2A Upper Church Street, Syston, Leicester LE7 1HR |
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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.
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| Lot 2: RESIDENTIAL |
Price Guide: £65,000
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| 46 Falmouth Road, Leicester LE5 4WH |
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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
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| Lot 3: COMMERCIAL |
Price Guide: £140,000 - £145,000
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| 3 Woodgate, Leicester LE3 5GH |
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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.
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| Lot 4: RESIDENTIAL |
Price Guide: £120,000 +
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| 27 Shetland Way, Countesthorpe, Leicester LE8 5PU |
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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.
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| Lot 5: COMMERCIAL/ RESIDENTIAL INVESTMENT |
Price Guide: £220,000 - £250,000
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| 94/104 Shackerdale Road, Leicester LE2 6HS |
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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:
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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 |
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Annual tenancy from 09.01.06 | £700.00 |
Current Rental Income: | - | - | - | £16,800.00 |
Tenure:
- Freehold subject to existing tenancies.
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| Lot 6: RESIDENTIAL |
Price Guide: £70,000 - £75,000
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| 184 Overpark Avenue, Leicester LE3 1NP |
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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.
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| Lot 7: COMMERCIAL / RESIDENTIAL |
Price Guide: £200,000 - £210,000 + VAT
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| The Prince of Wales (Barocco), 2 Crafton St West, Leic LE1 2DE |
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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.
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| Lot 8: LEASEHOLD INVESTMENT |
Price Guide: £925,000 - £950,000 + VAT
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| 97 Granby Street, LE1 6FD & 2-6 York St, Leicester LE1 6NU |
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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
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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
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Current Rental Income: | - | - | - | £67,500.00 | - |
Tenure:
- Long leasehold subject to existing tenancies.
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| Lot 9: RESIDENTIAL |
Price Guide: £165,000 - £170,000
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| Plot 1, 10A Leicester Road, Anstey, Leicester LE7 7AT |
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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
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| Lot 10: RESIDENTIAL / INVESTMENT |
Price Guide: £90,000- £95,000
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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.
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| Lot 11: LAND |
Price Guide: £35,000 - £40,000
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| Land Adjacent to 2 Croft Close, Barwell, Leicester LE9 8EW |
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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
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| Lot 12: RESIDENTIAL |
Price Guide: £45,000 - £50,000
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| 15 Marsh Close, Rushey Mead, Leicester LE4 7TJ |
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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.
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| Lot 13: COMMERCIAL DEVELOPMENT |
Price Guide: £190,000 - £220,000
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| Former Rugby Empire Working Mens Club, 1 Avon St, Rugby CV21 2LS |
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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
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| Lot 14: RESIDENTIAL DEVELOPMENT |
Price Guide: £330,000 - £350,000
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| 18-20 Asfordby Street, Leicester LE5 3QG |
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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.
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
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| Lot 15: RESIDENTIAL DEVELOPMENT |
Price Guide: £1,100,000 - £1,200,000
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| 350 Groveley Lane, Birmingham B31 4PT |
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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
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| Lot 16: COMMERCIAL INVESTMENT |
Price Guide: £550,000
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| 16 Belvoir Street, Leicester LE1 6QH |
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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.
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
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| Lot 17: COMMERCIAL |
Price Guide: £250,000
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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
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| Lot 18: COMMERCIAL INVESTMENT |
Price Guide: £145,000 - £150,000
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| 79 Market Street, Longton, Stoke on Trent ST3 1BW |
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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
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| Lot 19: BUILDERS YARD |
Price Guide: £75,000
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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.
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| Lot 20: RESIDENTIAL INVESTMENT |
Price Guide: £90,000 - £95,000
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| Flat 3, 8-10 Mill Hill Lane, Leicester LE2 1AH |
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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
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| Lot 21: RESIDENTIAL |
Price Guide: £160,000 - £165,000
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| Glengarry, Main Street, Peatling Magna, Leicester LE8 5UQ |
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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
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| Lot 22: LAND |
Price Guide: £15,000
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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
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