1, 3, 5 & 7 Grey Friars, Leicester, LE1 5PH
- PROPERTY TYPE
Residential Development
- SIZE
51,139 sq ft
4,751 sq m
Key features
- COMMERCIAL / RESIDENTIAL DEVELOPMENT
- GUIDE PRICE: £3,750,000 - £3,800,000 PLUS VAT
Description
For Sale by Public Auction on 14/02/2024
Location:
The property is situated in Leicester's most famous and historical location with the discovery of Richard III. It is located in the city centre on the corner of Friar Lane and Grey Friars and near to Leicester Cathedral, King Richard III Visitor Centre and St Martins.
Description:
A substantial block of 4 interlinked 4 storey properties with basements totalling approximately 51,139 sqft and a large car park/land on a site area of 0.733 acres. The property is part Grade II Listed and was previously used as offices. There is potential for other uses subject to planning.
Planning:
Existing office use.
Potential for alternative uses ie community/educational, hotel, residential etc subject to planning.
The Site Development Guidance pack contains useful planning comments for early stage optioneering designs created for illustrative purposes.
Local Authority: Leicester City Council .
Note
All services currently disconnected.
Extended completion of 12 weeks.
For residential use there will be no VAT payable.
The sale will be subject to the Buyer paying the Seller's legal and surveyor's fees.
No offers will be accepted on this lot prior to the auction.
Tenure
Freehold.
Solicitors
Legal Services, Leicester City Council, City Hall, 115 Charles Street, Leicester LE1 1FZ
Tel: ~ Ref: M Rai
Accommodation:Accommodation:
| NUMBER | LISTED | SQFT(SQM) | SERVICES | EPC | |
| 1-3 | N/A | 32,194 (2,991) | District Heating | 180, G | |
| 5 | Grade II | 7,394 (687) | District Heating | N/A | |
| 7 Conway Building | Grade II | 11,550 (1,073) | Own services | N/A | |
| Outside | Large car park, garden area/bin store to the rear accessed from Grey Friars and New Street | ||||
| Total GIA | 51,139 (4,751) | ||||
| Total Site Area | 0.733 acres. | 31,925 (2,966) |
Brochures
Legal Documents1, 3, 5 & 7 Grey Friars, Leicester, LE1 5PH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station0.5 miles
- South Wigston Station3.5 miles
- Syston Station4.7 miles
Notes
Disclaimer - Property reference 232361. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Kal Sangra Shonki Brothers, 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.
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 Kal Sangra Shonki Brothers, Leicester - Auctions on 0116 216 5653.
*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.”
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