Residential development for sale

This Mixed Use Building property is offered to the market with no upward chain, Situated in a commanding position on Blaby Road High Street, this substantial mixed-use building presents a unique opportunity for both residential and commercial investment. The property boasts an impressive eight bedrooms, making it ideal for those seeking a generous property or a lucrative rental venture.

With three shared bathrooms, the property ensures convenience for all residents, while the office space on the ground floor offers potential for a variety of business uses. The building is set over three floors, allowing for further alterations to suit your specific needs, whether that be enhancing the residential aspect or expanding the commercial space.

This property is being sold in conjunction with 8 Station Street, presenting a substantial investment opportunity for those seeking a long-term rental venture. With potential for development, subject to planning regulations, this could be an ideal project for the discerning buyer.

Situated in a prime location, this property benefits from proximity to local shops, schools, and parks, making it an attractive option. The presence of national retailers such as Tesco, Lidl, Morrison, and Wickes nearby adds to the convenience of daily living. Additionally, South Wigston Train Station and excellent road and public transport links ensure easy access to surrounding areas.

RATING ASSESSMENT:

The premises are assessed as follows:-
Rateable Value: £6500

The rate liability may, however, be subject to transitional arrangements and we would advise that individual parties satisfy themselves as to the likely rates payable from the date of occupation by contacting the Local Authority.

SERVICES:

Mains gas, electricity, water and drainage are connected.

Hunters have not tested any service/installations and cannot provide a guarantee of their condition. Relevant Parties should investigate these facilities to their own satisfaction.

Material Information - Wigston - Verified Material Information

Council Tax band: B

Tenure: Freehold

Property type: House

Property construction: Standard undefined construction

Energy Performance rating: D

Electricity supply: Mains electricity

Solar Panels: No

Other electricity sources: No

Water supply: Mains water supply

Sewerage: Mains

Heating: Mains gas-powered central heating is installed.

Heating features: None

Broadband: FTTP (Fibre to the Premises)

Mobile coverage: O2 - Good, Vodafone - Great, Three - Good, EE - Good

Parking: On Street

Building safety issues: No

Restrictions - Listed Building: No

Restrictions - Conservation Area: Wigston and South Wigston has a number of listed buildings (20 in total) of various different grades. An exhaustive list of all the listed buildings and structures in Wigston and South Wigston, along with their address can be found below.

The Church of St Thomas, Blaby Road; Grade II*
St Thomas's Vicarage, Blaby Road; Grade II
No. 86 Bull Head Street; Grade II
Nos. 42 and 44 Bushloe End; Grade II*
Workshop to the rear of No. 44 Bushloe End; Grade II*
Avenue House, No. 1 Central Avenue; Grade II
Church of St Wistan, Church Nook; Grade II
The Grange, Leicester Road; Grade II
No. 34 Long Street; Grade II
United Reform Church and boundary railings, Long Street; Grade II
Church of All Saints, Moat Street; Grade I
No. 2 Newgate End; Grade II
Yew Tree House, No. 3 Newgate End; Grade II
10 Newgate End; Grade II
The Manor House, boundary wall and gate piers, Newgate End; Grade II
Nos. 7 and 9 Spa Lane; Grade II
Bushloe House (Council Offices), Station Road; Grade II
South Wigston War Memorial, St Thomas’s Church, St Thomas Road: Grade II
Nos. 2 - 4 Leicester Road, Wigston; Grade II
Glenemere Community Primary School, Estoril Avenue, Wigston, Grade II

Restrictions - Tree Preservation Orders: None

Public right of way: No

Long-term area flood risk: No

Historical flooding: No

Flood defences: No

Coastal erosion risk: No

Planning permission issues: No

Accessibility and adaptations: None

Coal mining area: No

Non-coal mining area: No

All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.