Retail Property (High Street) in Loughborough

3-3A Barrow Road , Sileby, Loughborough, Leicestershire LE12 7LW
  • Property Type: Retail Property (High Street)
  • Contract Type: Unconditional with Variable Fee

Guide Price* £150,000+ plus fees

Property Description

A three storey commercial building offering spacious accommodation. Offering office space over 3 floors along with kitchen and toilet facilities and an enclosed rear yard/garden. Well placed in the centre of the popular village of Sileby which has a great range of amenities and excellent transport links to Leicester and Loughborough and the Train Station is only an approximate 2 minute walk away. The property has recently been used to run an IT company offering ample office space over the three floors. We are informed the property has historically had planning permission for the upper floors to be converted to a residential apartment. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. Scope to use as commercial, or to convert to numerous flats or to keep commercial on the ground floor with residential above. Subject to any required consents. Viewing highly recommended.

Ground Floor

Main office, lobby, lounge/staff room, kitchen, rear lobby and two W/Cs.


First Floor

Landing, large office, staff room/kitchen and bathroom with full suite.


Second Floor

Large office


Outside

Side gated access leads to an eclosed rear yard/garden with attached brick store.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. 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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction 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.

Auction Details

Date 30th January 2025

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

3-3A Barrow Road , Sileby, Loughborough, Leicestershire LE12 7LW