Studio flat for sale

Available - £3,750,000 PLUS VAT
For Sale by Public Auction on14/02/2024

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.


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 i.e. 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[use Contact Agent Button].

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
[use Contact Agent Button] ~ Ref: M Rai

Accommodation:Accommodation:
NUMBER LISTED SQFT(SQM) SERVICES EPC 1-3N/A32,194 (2,991)District Heating180, G5Grade II7,394 (687)District HeatingN/A7
Conway BuildingGrade II11,550 (1,073)Own servicesN/AOutsideLarge car park, garden area/bin store to the rear accessed from Grey Friars and New StreetTotal GIA51,139 (4,751)Total Site Area0.733 acres.31,925 (2,966)