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Lot 26 Sold: £152,000

Auction: Thursday 20th February 2025

15 Market Street, Leicester, Leicestershire LE1 6DN

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Lot 26

Freehold Vacant Town Centre Shop & Uppers
6 Week Completion

Situation

Located close to the junction with Horsefair Street, in this pedestrianised shopping throughfare in the town centre, nearby multiples such as McDonald's and Caffé Nero and a variety of independent retailers, bars and restaurants.
Leicester is the largest city in the East Midlands and an important administrative centre, well served by the M1 (Junctions 21 & 21A), situated some 25 miles south of Nottingham and approximately 30 miles east of Birmingham.

Property

A mid terrace building comprising a Ground Floor Shop with internal access to Ancillary Accommodation on basement, first, second and third floors.

VIDEO TOUR

Click here to view the video tour of the property.


VAT is applicable to this Lot

Accommodation

Ground Floor Shop
Gross Frontage 19'10"
Internal Width 17'10"
Shop Depth 52'1"
Built Depth 69'4"
Sales Area Approx.    790 sq ft
WC
Basement
Not inspected
First Floor Ancillary
3 Rooms Area Approx.    570 sq ft
WC
Second Floor Ancillary
1 Room Area Approx.    231 sq ft
Third Floor Ancillary
3 Rooms &
Storeroom Area Approx.    384 sq ft

Total Area

Approx. 1,975 sq ft

FREEHOLD offered with VACANT POSSESSION

Note: There may be potential to convert the upper parts to Residential Use, subject to obtaining the necessary consents.

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Elliott Greene

Elliott Greene
020 8492 9449
egreene@barnettross.co.uk

JOINT AUCTIONEER:
DMA

Tel: 020 7491 7777   Ref: Warren Domb
wdomb@dmaproperty.com

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.