FOR SALE BY AUCTION: Wednesday 14 Dec 2016




Land at Moat Street, Wigston, Leicester, LE18 2GE

Sold under hammer for £35,000


DESCRIPTION

Freehold land situated within a popular residential location, ideal for development subject to obtaining the necessary planning consent.

LOCATION

The land is best approached via the main A5199 Welford Road. Passing B&Q, turn right into B582 Moat Street. The land can be found on the right hand side between numbers 102 & 106 Moat Street. The land lies approximately 3 miles north of Leicester City Centre and provides easy access to the main M1 and the M69 motorway networks.

LAND

This is a rare opportunity to aquire a plot of land situated between residential properties. The land is approximately 160ft x 35ft = 5,600 sq ft approx.

PLANNING

The land maybe suitable for development subject to obtaining the necessary consents. There are easements and overages that apply to this site. Interested parties should read the legal pack for further information.

TENURE

Freehold.

NOTE

The successful purchaser shall contribute £500.00+VAT towards the vendors reasonable legal costs.
The completion date will be on or before six weeks following exchange of contracts.

SOLICITORS

Salusbury harding and barlow

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.