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NEXT AUCTION - THURSDAY 18TH AUGUST 2.30PM - Click here to view

Lot - Shop, 1 & 1A Denton Street, Leicester, LE3 6DD Auction Lot £85,000+ - Auction Estates

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The Nottingham Racecourse


18 August 2022

1 & 1A Denton Street, Leicester, LE3 6DD

Guide Price: £85,000+


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Key Features

  • Freehold mixed use investment property
  • Comprising ground floor shop and two flats with garage to the rear
  • Within 1.5 miles of Leicester city centre
Draft Details Only

Freehold mixed use property comprising a ground floor shop (vacant), two bedroom flat above (let) and a two bedroom ground floor flat (let) within an established residential area of Leicester

• Freehold mixed use property
• Located within a residential area
• Within 1.5 miles of Leicester city centre
• GF: vacant retail shop measuring circa 175 sq ft (VOA)
• GF Flat: two bedroom flat currently let
• FF Flat: two bedroom flat currently let
• Both flats currently let on an AST
• Flats comprise living room, kitchen, bathroom & bedrooms
• The property benefits from a small yard to the rear
• Single story garage to the rear of the property
• On street parking along Denton Street & Carlisle Street
• Ideal opportunity for investors
• Not yet internally inspected by Auction Estates

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

Please contact Auction Estates on 0115 7844 600

Important Notices

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased.

The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to
Ground floor shop - Vacant possession
Ground floor flat - Let on an AST, rent TBC
First floor flat - Let on an AST, rent TBC

Refer to Legal Pack

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