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COMMERCIAL PROPERTY – LEICESTER

COMMERCIAL PROPERTY – LEICESTER

£595000

SDL Auctions (Leicester)
17 April 2018, 11:30 AM
1 Marchant Road, Hinckley, Leicester, LE10 0LQ
Commercial
A deceptively spacious commercial unit located in the centre of Hinckley, close to the town centre and next to the new Lidl supermarket and a proposed Travelodge Hotel.

PROPERTY DESCRIPTION

The unit is mainly single storey with an additional two storey area and totals approximately 11,000 sq ft. It is currently arranged and used as conference and function centre. It is licensed for weddings and civil ceremonies.There are currently 8 suites / function rooms along with associated reception, offices, toilets, bar and a commercial kitchen. It has traded as a conference and events centre for around 18 years and hosts meeting rooms for large companies such as Triumph, Mira and National Grid, weddings, corporate evets, car shows and dinners. Each suite has air conditioning, heating and the lasted sound, lighting and communication links. The venue is still taking bookings and is a turn-key business and the current owner is happy to assist in a handover to any client if required. The size of the property also lends itself to other opportunities such as childcare, service offices, Car show room, place of worship or potential for redevelopment, all subject to any required permissions. The property is in superb condition throughout and an internal inspection is very highly recommend to appreciate the size, condition and flexibility of the property.

GROUND FLOOR

RECEPTION AREA

MEETING ROOM 1

MEETING ROOM 2

MEETING ROOM 3

MEETING ROOM 4

MEETING ROOM 5

FUNCTION ROOM

MAIN FUNCTION ROOM WITH BAR AND CELLAR

TOILETS

COMMERCIAL KITCHEN AND STORE

UTILITY ROOM

BOILER ROOM / WORKSHOP

FIRST FLOOR

MEETING ROOM 6

OFFICE 1

OFFICE 2

TOILETS

THE PROPERTY HAS VEHICLE ACCESS TO THE MAIN INTERNAL ROOMS.

Fixtures and fittings can all be available to negotiation if required.

TENURE

Freehold. Vacant possession upon completion.


Viewings Details
Viewings can be booked online (under the Lot Information section on this page) or by contacting the auctioneers on 0116 254 9654.

Click here to view this property on SDL Auctions’ website.

Click here to view the Legal Pack on SDL Auctions’ website.


CONDITIONS OF SALE

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.

Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction officeby sending an email to SDL Auctions (Leicester) or call +44 (0)1162549654.

1 Marchant Road, Hinckley, Leicester, LE10 0LQ
Commpany logo
SDL Auctions (Leicester)
17 April 2018, 11:30 AM
TBA
+44 (0)1162549654
leicester@sdlauctions.co.uk
www.sdlauctions.co.uk
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