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Former Car Park at 15-17 Braunstone Gate, Leicester, LE3 5LH

Guide Price
£125,000
Kal Sangra Shonki Brothers, Leicester - Auctions
PROPERTY TYPE

Land

SIZE

Ask agent

Key features

  • FORMER CAR PARK / MIXED USE DEVELOPMENT POTENTIAL
  • GUIDE PRICE: £125,000 - £130,000 PLUS VAT

Description

For Sale by Public Auction on 23/09/2026

Location:
The site is located near to the city centre, on the corner of Thorpe Street, near to the junction of Western Boulevard and near Queen Elizabeth II Diamond Jubilee Leisure Centre and The Venue@DMU.

Description:
A former car park of approximately 224 sqyds (187 sqm) with concrete surface. There is potential for a 2 storey mixed-use property with ground floor commercial and residential accommodation above subject to planning permission. A Planning Pre-Application has been submitted.

Planning
The site has existing car park use.
Potential for a 2 storey mixed use building with ground floor commercial and residential above subject to planning permission.
Pre-Application No. P
The Planning Pre-Application Development Guidance will be available with the legal documents.
Local Authority: Leicester City Council .

Note
The sale will be subject to the Purchaser paying the Seller's legal and surveyors fees of 2% of the purchase price plus VAT.
No offers will be accepted on this lot prior to the auction.
Purchaser will be responsible for site clearance within 6 months of legal completion of the purchase in order to minimise anti-social behaviour on the site and to keep the site secure and maintained.

Tenure
Freehold.

Overage Clause:
The contract will include an Overage Clause for a 25-year period entitling the Seller to an Overage payment on implementation of any outline or detailed planning permission for anything above two storey mixed use building with commercial use on the ground floor and residential accommodation on the upper floor as outlined in the pre-application planning advice (as attached). Any change to existing use, including commercial or residential uses, will be subject to an overage payment of 25% of any uplift in value.

Solicitors
Legal Services, Leicester City Council, City Hall, 115 Charles Street, Leicester LE1 1FZ
Tel: ~ Ref: B Mistry

Brochures

Legal Documents

Former Car Park at 15-17 Braunstone Gate, Leicester, LE3 5LH

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.9 miles
  • South Wigston Station3.4 miles
  • Narborough Station4.8 miles

About Kal Sangra Shonki Brothers, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

Welcome to the SHONKI BROTHERS ESTATE AGENTS Website

Established in 1966, Shonki Brothers, the first Asian Estate Agents in England, have been providing service to the public for more than 30 years, which from humble beginnings can now claim to offer a service to Vendors and Purchasers which is second to none.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 362706. 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.”