LOT 24

GUIDE PRICE: £625,000 - £650,000

16-20 Beal Street, Highfields, Leicester, LE2 0AA

Solicitor Details

Roythornes Solicitors, East West, Tollhouse Hill, Nottingham NG1 5FS Tel: (0115) 945 4437 _ Ref: I Sanders

*Guide Price & Reserves

REDEVELOPMENT

Property Description

A 3-storey, derelict detached former nursery of approximately 3,970 sqft on a site area of 0.28 acres. There is potential for residential development, subject to planning. A pre-application has been submitted for the development of 10 townhouses, which has received positive initial feedback. There is also potential for redevelopment into commercial units, subject to planning. Illustrative Drawings Available: Residential Scheme: 5 x four-bedroom houses 5 x three-bedroom houses Commercial Scheme- ideal for food park/dark kitchens: Total lettable area of approximately 5,600 sqft (520 sqm). 6 units at approximately 635 sqft (59 sqm) each. 3 units at approximately 601 sqft (55 sqm) each.

Location:

The property is located in the centre of Highfields, on the corner of Maidstone Road and near to the junction of Berners Street.

Planning:

  • Suitable for alternative uses, subject to planning
  • There is two illustrative schemes available for either commercial or residential development
  • Local Authority: Leicester City Council (0116) 454 3000

Tenure

Freehold.

Energy Performance Certificate:

Rating 124, Band E.

Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.

LE2 0AA

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16-20 Beal Street, Highfields, Leicester, LE2 0AA