This property is no longer on the market
Land
Key information
Property description & features
- FOR SALE BY ONLINE AUCTION
- 0.72 ACRES (2911.08 m)
- INVESTMENT OPPORTUNITY
Location - The land is located in the northern edge of Coalville and is accessed off Leicester road and is adjacent to Forest Rock Offices.
The land is approximately 5 miles south west of Loughborough and 6.5 miles north west of Leicester.
what3words: beak.distorts.steady
Description - The property is an L shaped block of land with a gated access off Leicester road that extends to approximately 0.72acres (2911.08 m).
The front section of the land borders onto Leicester Road and has the remaining foundation of the former cottages that were demolished around 1940s. To the rear there is area of scrub/grassland that is bordered by a mature hedge row and several mature trees. The land is understood not benefit from any services or to be subject to any rights of ways.
Services - The selling agent is not aware of any services connected to the property.
Planning - All interested parties should complete their own planning enquiries.
Tenure - The property is offered for sale freehold with vacant possession on completion.
Land Registry Title LT341713.
Wayleaves, Covenants, Easements & Rights Of Way - The property is to be sold subject to all wayleaves, easements, covenants and rights of way whether specifically mentioned or not.
Method Of Sale - The property will be sold by Traditional Online Auction method. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at this point.
All bidding shall take place online, the listing for which can be found here:
Legal Pack - See listing for details.
We recommend that buyers familiarise themselves with the legal pack prior to bidding.
Buyer's Fee - The successful purchaser will be subject to a buyer's fee of £2,000 + VAT.
At the end of the auction, the winning buyer is charged a sum of £5,000. From this, a buyer's fee of £2,400 (including VAT) is retained by Andrew Granger/Bamboo Auctions as a contribution towards online platform costs and £2,600 is payable towards the purchase price.
The buyer will be charged a £500 (inclusive of VAT) contribution towards the sellers legal fees.
Timescales - Exchange occurs immediately online when the timer reaches zero and the reserve is met or exceeded.
The buyer has until 12pm the next business day to transfer the remainder of the 10% deposit - less any amounts already paid towards the purchase price.
The buyer then has 20 working days to complete the purchase.
Pricing Information - The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Andrew Granger and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
Viewings - The land may be viewed at any reasonable daylight hours by persons in possession of a copy of these particulars.
Viewings of the property shall only be undertaken in line with the current Government advice relating to Coronavirus, as found at .
Local Authority - North West Leicestershire District Council
Council Offices
Whitwick Road
Coalville
Leicestershire
LE67 3FJ
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Website: nwleics.gov.uk
Further Information - For any further information, please contact
Peter Chennells BSc (Hons) MSc MRICS
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Agent's Note - For clarification, Andrew Granger & Co wish to inform interested parties that we have prepared these particulars as a general guide.
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*DISCLAIMER
Property reference 30842993. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrew Granger & Co - Loughborough.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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