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Lot

104

Auction: 29th July 2026 Live Stream Auction 29/07/2026 - Bidding opens Wednesday 29th July 10:00 AM

Burgess Street, Leicester LE1 4QH

Guide Price

£275,000 plus

Additional Costs / Fees will apply

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Property Details

Location

Auction Details

Description

A Mixed Use Site offering scope for Re-Development, subject to planning.

The site is situated in prime City Centre location close to Highcross and John Lewis and opposite the Highcross Car Park.

Standing on a corner position the site comprises -

Two storey building to the front containing offices and a Six bedroom flat.

Large yard to the rear.

The office space, yard and stores are vacant.

The flat is let at £1980 pcm.

A further range of garages/workshops and stores, again arranged over two floors.

The site could be utilised for numerous commercial uses, or offers scope for residential re-development to apartments, subject to planning permission.

Offered freehold.

Accommodation

Note to Buyers
The lot is known at the land registry and on the contract as 'Land and buildings on the South Side of Junior Street and on the East side of Burgess Street, Leicester'.

Note to Buyers
The property is currently part let/part vacant. However the Seller has advised that the tenant is expected to vacate the flat prior to completion. We have not been supplied with a notice to vacate within the legal pack (this has been requested). The buyer will purchase the property as it stands at the time of completion whether this is subject to tenancy or vacant.

Costs

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.