Vendor: Executor

A 3 storey, mixed use building (1274 sq ft) comprising ground floor ground floor commercial space with a duplex flat above. The property requires complete refurbishment. Development potential, vacant.

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Description/Location

Prime, city centre position close to De Montfort University and Leicester Royal Infirmary. The ground floor (499 sq ft) has potential for a variety of commercial uses, the upper parts (775 sq ft) could be reconfigured to create a self contained flat or HMO.

Auctioneers Note: Due to the condition of the property and clutter, there will be no internal viewings prior to auction.

Tenure

Freehold

Office Contact

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Retail area, stairs to first floor, kitchen. First Floor: Landing, stairs to second floor, 2 rooms, bathroom. Second Floor: 2 rooms. Outside: Rear yard.

Virtual Tour

Virtual Tour 73 Braunstone Gate

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*Guide Price & Reserves

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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.