Freehold Title to Very Land Area of Land at Prince William Road, including sections of Pavilion Way and Jubilee Drive, Loughborough, Leicestershire LE11 5GU
Description
Comprising the freehold title interest to a substantial area of land which is arranged to provide vehicular and pedestrian access with grassed verges for the many local businesses and occupiers on Jubliee Drive, Prince William Road and Pavilion Way. Retailers such as Screwfix, Diam UK, Unicycles Loughborough and Tool Station are all located close by.
A roughly triangular parcel of overgrown land at Pavilion Way (being diagonally opposite the Hancocks building -please refer to the official title plan ) may have some kind of potential for alternative future uses subject to obtaining vacant possession - the buyer shall rely on all necessary permissions / consents being obtained and approved from the local Council.
The local authority have undertaken to maintain the roadways and land verges at public expense by way of adoption so any new buyers will NOT be responsible for any costs or financial outlay for repairs to the land in the future. The property is sold subject to all pedestrian rights of ways and vechular access rights. (Please refer to the legal pack for further information). The land has not been inspected by Auction House South Yorkshire.
Guide Price £50 + Fees
Freehold
Tenure: Freehold
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- Unconditional (Immediate Exchange)
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