1 bedroom Mixed Use in Leicester

751 & 751A Aylestone Road, Aylestone, Leicester, Leicestershire LE2 8TG
  • Lot No: 70
  • Property Type: Mixed Use
  • Contract Type: Unconditional with Variable Fee

Guide Price* £225,000+ plus fees

Property Description

A mixed use property in a busy trading location. The property comprises of a ground floor retail shop (Former Barbers) A one bedroom flat above and a store/ workshop to rear which may offer scope for residential conversion, subject to planning. Well placed on Aylestone Road in a parade of similar properties. The road is a main route to and from the City Centre. Offered Part Let and Part Vacant. Ground Floor Shop - Approx 550 sqft. - Vacant. Estimated Rental value of £10,000 per annum. First Floor Flat- Let at £500 pcm / £6000 per annum. Scope for rental increase to £600 pcm / £7200 per annum. Rear Store- Requires renovation and may offer scope to convert to a one-two bedroom residential unit, subject to planning - Potential rental income £3000- £10,000 per annum.

Ground Floor Shop - Vacant

In good order throughout. Main Shop - 8.72m x 4.40m. Rear Lobby 4.36m x 2.33m. Hallway. Cloakroom - With toilet and wash hand basin.


First Floor Flat - Let at £500 pcm

Not inspected internally but believed to comprise- Lounge, Kitchen, Double Bedroom, Bathroom.


Rear Store

A store premises being part two storey. Could be let as storage or may offer scope to convert to residential, subject to planning. Ground Floor approx. 30 sqm / 323 sqft. First Floor Approx. 15 sqm / 161 sqft.


Outside

Shared gated path leads to a small rear yard/ garden.


Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.


Satellite and Cable TV Availability

BT, Sky and Virgin are available in this location.


Broadband (estimated speeds)

Standard 14 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.


Construction Material

Solid brick, with internal insulation. Information taken from EPC.


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 29th May 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

751 & 751A Aylestone Road, Aylestone, Leicester, Leicestershire LE2 8TG