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27 bedroom commercial development for sale

Long Street, Wigston Magna, Leicester, LE18 2BP

Sold STC £500,000

Property Description

Key features

  • The property has been fire damaged. We have been advised that there is no affordable housing or s106 contribution required.

Full description

Tenure: Freehold

Sold after auction for an undisclosed amount For Sale by Public Auction on 23/11/2016

The property is located near to the corner of Long Street and Central Avenue in Wigston.

A substantial 2/3 storey building of approximately 12,968 sqft
(1,204.8 sqm) with car parking. The property has existing B1 (Business) and B8 (Storage or Distribution) Use.

1,188 sqft (110.4 sqm)
Ground Floor:
5,571 sqft (517.6 sqm)

First Floor:
5,211 sqft (484.1 sqm)

Second Floor:
998 sqft (92.7 sqm)

Total GIA:
12,968 sqft (1,204.8 sqm) approx.

Yard with car parking.

Planning has been granted for 27 flats comprising of 4 x studio, 18 x 1 bed and 5 x 2 bed flats.
Planning permission 15/00406/FUL dated 30.09.16.
Local Authority: Oadby & Wigston Borough Council (0116) 257 2636.

The property has been fire damaged.
We have been advised that there is no affordable housing or s106 contribution required.


The property is in need of repair.

Energy Performance Certificate:

Frisby & Small, 5 De Montfort Street, Leicester LE1 7GE
Tel: (0116) 233 5522 ~ Ref: J Crowson


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Disclaimer - Property reference 54507. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Shonki Brothers Ltd, Leicester - Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Shonki Brothers Ltd, Leicester - Auctions on 01162 543373.

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