Marble Property Services in conjunction with our Auction partner SDL are pleased to offer this commercial opportunity.

A development site with planning permission for 5 x three-bedroom town houses with parking.

A level, corner site with road frontage to Nottingham Road and Borough Street. We are informed all service are connected to the site.

Each property will be arranged over 2.5 floors and benefit from two parking spaces and gardens.

Planning Ref 22/01716/Ful

All information can be found on North West Leicestershire Council planning portal.

The site currently houses a large Victorian property which comprised of 5 flats.

It may offer scope for alternative schemes, subject to planning permissions.


For sale on 28 September 2023
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
The auction will commence at 10:00. On behalf of Marble Property Services - Castle Donington

Property Description - Marble Property Services in conjunction with our Auction partner SDL are pleased to offer this commercial opportunity.

A development site with planning permission for 5 x three-bedroom town houses with parking.

A level, corner site with road frontage to Nottingham Road and Borough Street. We are informed all service are connected to the site.

Each property will be arranged over 2.5 floors and benefit from two parking spaces and gardens.

Planning Ref 22/01716/Ful

All information can be found on North West Leicestershire Council planning portal.

The site currently houses a large Victorian property which comprised of 5 flats.

It may offer scope for alternative schemes, subject to planning permissions.

Kegworth is a desirable village with a great range of amenities and superb transport links. It also gives easy access to East Midlands Airport.

Each new build will comprise:

Ground Floor

Reception Hallway, Kitchen opening into the Dining Room, Lounge with Bi-Fold doors to garden.

First Floor

Landing, Bedroom One, Ensuite, Bedroom Two, Family Bathroom

Second Floor

Bedroom Three

Outside

Driveway for 2 cars, Lawned gardens

Planning Permission:
Planning was approved on 28th April 2023 for demolition of existing building and replace with five terraced dwellings and associated works. Reference: 22/01716/FUL

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:
Freehold. Vacant possession upon completion.
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Auction Fees - Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

. 5% deposit (subject to a minimum of £5,000)

. Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.