Kal Sangra Shonki Brothers - Auction
This listing was posted on Kal Sangra Shonki Brothers - Auction (via ListedBuy).
£150,000
Car Park and Land at Dupont Gardens, Leicester LE3 8LD and Liberty Road
Price:
£150,000
Location:
Leicester, Leics
Description:
AVAILABLE: £160,000 + VAT For Sale by Public Auction on26/04/2023 Location: The site is located near to Braunstone Frith Primary School and is enclosed by semi detached houses on all sides. Access to the car park and garages is adjacent to 20 Dupont Gardens and the access to the open space is adjacent to 109 Liberty Road. Description: The property comprises 2 adjoining sites totalling approximately 0.36 acres (1,720 sqyds) providing car parking and 15 lock up garages and open space. There is an electric sub-station located at the rear of 109 Liberty Road which will be subject to any access rights required by the statutory undertakers. The site is suitable for residential development of 2 bungalows subject to planning. Planning: The contract will include a restrictive covenant limiting development for residential use (new build) only, subject to planning. The purchaser shall obtain planning permission within 6-9 months and residential development is to be completed on the site within 2 years of legal completion of the sale and if not, then the Council will have the right to re-purchase the site at the sale price or at its then market value, whichever is the lower. The contract will include an Overage Clause for a 25 year period stating that if the residential development includes for in excess of 2 bungalows, then an overage payment of 25% of the agreed sale price (subject to an upward only indexation in line with any increase in the Consumer Prices Index between the date of legal completion and date of payment of the overage) would be payable to LCC per additional dwelling. Note The site will be subject to any access rights required by the statutory undertakers in respect of the electric sub-station. The Council reserves the right to exercise an option to tax on the sale site prior to completion. The sale will be subject to. Still available at ListedBuy!
Posted:
June 5 2023 on ListedBuy
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More About this Listing: Car Park and Land at Dupont Gardens, Leicester LE3 8LD and Liberty Road
Car Park and Land at Dupont Gardens, Leicester LE3 8LD and Liberty Road is a Car for Sale in Leicester LEC. Find other listings by searching for in Leicester on Oodle Classifieds.
Car Park and Land at Dupont Gardens, Leicester LE3 8LD and Liberty Road is a Car for Sale in Leicester LEC. Find other listings by searching for in Leicester on Oodle Classifieds.