LOT 44

2-6 Mornington Street, Leicester, Leicestershire, LE5 3NF

FREEHOLD PART VACANT ADVERTISING SITE WITH DEVELOPMENT POTENTIAL

Result: Sold for £380,000 Guide price: £190,000 - £200,000*

Auction Date

Tuesday, 14th July 2020 12:00pm

BY ORDER OF JCDECAUX

A prominent rectangular corner site at the junction with the A47 Humberstone Road in a mixed commercial/residential area about 1½ miles from Leicester mainline station and Leicester city centre.

Accommodation

3 x 48 sheet advert hoardings

EQUIVALENT TO £4,500 p.a. PLUS VACANT ADVERT HOARDINGS &
OFFERED WITH DEVELOPMENT POTENTIAL (SUBJECT TO OBTAINING ALL NECESSARY CONSENTS)

Site Area:

6,732 sq ft (625.4 sq m)

The land to the rear of the hoardings is let on a repairing and insuring lease to The Islamic Education Centre for 15 years from 01.12.2005 at the original rent of £4,500 p.a.
The provisions of Sections 24-28 of the Landlord & Tenant Act 1954 (security of tenure) are excluded in relation to this tenancy.

Note

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408

Status

Sold for £380,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.