Land for sale

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Land for sale

Development Opportunity | Regent Street, Hinckley
£140,000

Our Summary

  • ** For sale by online auction ** Pre-Auction offers considered **Nestled in the heart of Hinckley, this prime development site on Regent Street presents an exceptional opportunity for investors and developers alike
  • The abattoir is in need of renovation, offering a blank canvas for creative minds to transform them it something truly remarkable
  • Whether you envision residential units, commercial spaces, or a mixed-use development, the potential here is vast
  • Site Overview - ** For sale by online auction ** Pre-Auction offers considered **This opportunity comprises of a terraced property, which has been partly split in to two flats
  • When booking a viewing, your details will be shared with the auction house
  • They will then forward the auction pack directly to you
  • Auction Terms - This property is for sale via Online Auction
  • This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
  • The auction will run for 3 hours on a set date and time chosen by the vendor of the property
  • The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
  • Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
  • The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
  • Properties may be sold prior to public auction if an offer is accepted by the vendors
  • **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
  • **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold

Description

Nestled in the heart of Hinckley, this prime development site on Regent Street presents an exceptional opportunity for investors and developers. The site comprises a terraced house and a disused Victorian abattoir, which offers a blank canvas for creative minds to transform it into something remarkable. The property is in need of renovation, and the potential for residential units, commercial spaces, or a mixed-use development is vast. Hinckley is a vibrant town with a rich history and strong community spirit, making it an attractive place for future residents and businesses. The proximity to local amenities, transport links, and the bustling town centre enhances the appeal of this site, ensuring that any development will benefit from high footfall and interest. The property is being sold via online auction, with pre-auction offers considered, and the winning bidder will be required to pay a non-refundable reservation fee in addition to the purchase price.
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