Book a Property Valuation

Syston:   01162 607788
Wigston: 01162 883872

Mixed use opportunity with further development potential

Guide Price £315,000

4 Bedroom Terraced House

This property has been removed by the agent. It may now have been sold or temporarily taken off the market.
Ref: EAXML11052_8446721

This quirky mix of residential and commercial property is an excellent investment with development opportunity, subject to the relevant planning permissions. The ground floor comprises of a retail unit, currently let on a 5 year lease commencing from October 2017. The current rent passing is £14,000 per annum. To the rear of the unit is a storage unit with separate access which, subject to planning permission, could be converted to a self contained flat. The first and second floors comprise of a four bedroom duplex apartment boasting many benefits including; four bedrooms, two bathrooms, two reception rooms, conservatory and private roof terrace. The property also boasts and adjoining piece of land, which again, subject to planning permission, offers new owners an opportunity to build further letting accommodation. This is a real must view opportunity. This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by East Midlands Auctions, powered by iam-sold Ltd” or “iam-sold Ltd”. TO VIEW OR MAKE A BID – Contact Aston & Co on 0116 288 3872 or visit: www.agentauctionpage.co.uk

This quirky mix of residential and commercial property is an excellent investment with development opportunity, subject to the relevant planning permissions. The ground floor comprises a retail unit, currently let on a 5 year lease commencing from October 2017. The current rent passing is £14,000 per annum. To the rear of the unit is a storage unit with separate access which, subject to planning permission, could be converted to a self contained flat. The first and second floors comprise a four bedroom duplex apartment boasting many benefits including; four bedrooms, two bathrooms, two reception rooms, conservatory and private roof terrace. The property also boasts and adjoining piece... Read more
Mixed Commercial & Residential Property Ground Floor Leased on 5 Year Lease
Current Rent Passing £14,000 p.a. 4 Bedroom Owners Accommodation
Store Room, Potential to convert (STP) Land Adjacent, Potential to develop (STP)
Popular High Street Location EPC Rating TBC
Sorry! An EPC is not available for this property.

Aston & Co

Aston & Co

67 Long Street

Wigston

Leicestershire

LE18 2AJ

United Kingdom

Tel: 0116 2883872
E-Mail: info@astonandco.co.uk

Arrange a Viewing Videoette Brochure Printable Details Request a Phone Call Request Details E-Mail Agent

Syston Office

1242-1244 Melton Road
Syston, Leicester
LE7 2HB
01162607788
syston@astonandco.co.uk

Wigston Office

67 Long Street
Wigston, Leicester
LE18 2AJ
01162883872
info@astonandco.co.uk
 

Opening Hours

Monday            9:00 am      -       6:00 pm
Tuesday            9:00 am      -       6:00 pm
Wednesday            9:00 am      -       6:00 pm
Thursday            9:00 am      -       6:00 pm
Friday            9:00 am      -       6:00 pm
Saturday            9:00 am      -       3:30 pm
Sunday            CLOSED

 

 

2017 © Aston & Co. All rights reserved. Terms and Conditions | Privacy Policy | Cookie Policy
| Registered Name: Aston and Co Estate and Letting Agents Limited | Place of Registration: Wigston |
| Registered Number: 6553697 | Registered Office: 7 Kervern Close, Wigston, Leicestershire, LE18 2GR |