FOR SALE BY AUCTION: Wednesday 14 Dec 2016




Land to R/O 68 Telford Way, Thurnby, Leicester, LE5 2LX

Unsold available at £189,000


DESCRIPTION

Freehold. Land & Garages located within a residential area, ideal for development subject to obtaining the necessary planning consent.

LOCATION

Access to the site can be made by the main A47 Uppingham Road, turning into Station Road. Once on Station Road, turn left into Thurncourt Road, first left into Drumcliffe Road which leads onto Telford Way.

LAND

The site currently comprises of 13 garages along with land, having a total site area of approximately 0.24 acres.

PLANNING

The site has the benefit of planning granted on 4th August 2016 for the erection of 3 x 2 bedroom apartments (Application No. 16/00464/OUT). The vendors have put together an additional scheme for 4 x 3 bedroom houses along with a four storey block of 8 x 2 bedroom apartments, subject to obtaining the necessary planning consent.

TENURE

Freehold.

NOTE

Scheme A - Planning permission granted for 3 x 2 bedroom apartments.
Scheme B - Planning proposal for 4 x 3 bedroom town house and 8 x 2 bedroom apartments.
The completion date will be on or before 28th February 2017 following exchange of contracts.

SOLICITORS

BP Legal Solicitors

TEL:
EMAIL:

*GUIDE PRICE & RESERVES

Definition of Guide Prices:
The guide price is an indication of the seller’s current minimum price expectation at auction and the guide price, or range of guide prices, is given to assist prospective purchasers. The guide price can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the marketing period and bidders will be notified of this change on our website and by the auctioneer prior to the lot being offered.

Definition of Reserve Price:
The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. It is usual, but not always the case that a provisional reserve is agreed between the seller and the auctioneer at the start of marketing and the Final Reserve Price will be agreed between the auctioneer and the seller prior to the auction sale. Whilst the reserve price is confidential it will usually be set within the quoted guide range and in any event will not exceed the highest quoted guide price.