Land for sale
Key information
Features and description
Auction Commencing on Monday 16th March at 1pm and ending 24 hours later on Tuesday 17th March from 1pm with Auction House
Please register to bid via our website - auctionhouse.co.uk
Freehold Title to Very Land Area of Land at Prince William Road, including sections of Pavilion Way and Jubilee Drive, Loughborough, Leicestershire LE11 5GU.
Comprising the freehold title interest to a substantial area of land which is arranged to provide vehicular and pedestrian access with grassed verges for the many local businesses and occupiers on Jubliee Drive, Prince William Road and Pavilion Way. Retailers such as Screwfix, Diam UK, Unicycles Loughborough and Tool Station are all located close by.
A roughly triangular parcel of overgrown land at Pavilion Way (being diagonally opposite the Hancocks building -please refer to the official title plan ) may have some kind of potential for alternative future uses subject to obtaining vacant possession - the buyer shall rely on all necessary permissions / consents being obtained and approved from the local Council.
The local authority have undertaken to maintain the roadways and land verges at public expense by way of adoption so any new buyers will NOT be responsible for any costs or financial outlay for repairs to the land in the future. The property is sold subject to all pedestrian rights of ways and vechular access rights. (Please refer to the legal pack for further information). The land has not been inspected by Auction House South Yorkshire.
Guide Price £50 + Fees
Freehold
Tenure: Freehold
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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