Church Building

A PURPOSE-BUILT CHURCH BUILDING WITH POTENTIAL FOR RE-DEVELOPMENT OR CHANGE OF USE.
THE PROPERTY PROVIDES AN EXCELLENT INVESTMENT OPPORTUNITY IN THE CENTRE OF THE POPULAR VILLAGE OF MARKFIELD.
• FOR SALE BY ONLINE AUCTION
• POTENTIAL FOR CHANGE OF USE
• UNIQUE INVESTMENT OPPORTUNITY
Description
A semi-detached, single-storey, church premises built in the mid 1800's. The building is traditionally built with brick, underneath a pitched and tiled roof. Front and rear elevations have a white render finish. The floor is of suspended timber.
We have been informed that the roof of the building was re-felted and re-tiled using existing tiles in approximately 2011.
Location
The property is located in the Leicestershire village of Markfield, which falls within the administrative jurisdiction of Hinckley and Bosworth Borough Council and lies approximately 7 miles to the north west of Leicester and just under 1 mile to the south east of the M1, which is accessed at Junction 22.
The village has an estimated population of over 5,000 and provides a good range of amenities for the local population.
The subject property, which we understand to have been constructed in the mid 1800's, is situated on the eastern side of Main Street approximately 100 metres north of The Co-operative Convenience Store. The area surrounding the property provides a mix of residential and non-residential buildings.
Accomodation
The property has a Net Internal Area (NIA) of approximately 78.8 sq. m. (848 sq. ft.) in accordance with RICS Code of Measuring Practice (6th Edition) .
Mains Services
Electrics are available at the property. A supply of mains gas and water are not currently in place.
EPC
The property does not have an EPC as it is exempt by being a place of worship.
Planning
The property is situated within the Markfield Conservation Area. All interested parties should complete their own planning enquiries.
Use and Classification
Non-residential institution, as of 1st September 2020, falling into Class F1.
Tenure
The property is offered for sale freehold with vacant possession on completion.
Land Registry Title - LT433754.
Wayleaves, Covenants, Easements & Rights of Way
The property is to be sold subject to all wayleaves, easements, covenants and rights of way whether specifically mentioned or not.
Method of Sale
The property will be sold by Traditional Online Auction method. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at this point.
All bidding shall take place online, the listing for which can be found here:
https://andrewgranger.bambooauctions.com/property/markfield-congregational-church-5055459
Legal Pack
See listing for details.
We recommend that buyers familiarise themselves with the legal pack prior to bidding.
Buyer's Fee
The successful purchaser will be subject to a buyer's fee of £2,000 + VAT.
At the end of the auction, the winning buyer is charged a sum of £5,000. From this, a buyer's fee of £2,400 (including VAT) is retained by Andrew Granger/Bamboo Auctions as a contribution towards online platform costs and £2,600 is payable towards the purchase price.
Timescales
Exchange occurs immediately online when the timer reaches zero and the reserve is met or exceeded.
The buyer has until 12pm the next business day to transfer the remainder of the 10% deposit - less any amounts already paid towards the purchase price.
The buyer then has 20 working days to complete the purchase.
Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Andrew Granger and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
Viewings
All viewings will need to be accompanied and arranged with the agents in advance. Viewings of the property shall only be undertaken in line with the current Government advice relating to Coronavirus, as found at https://www.gov.uk/coronavirus
Agent's Note
For clarification, Andrew Granger & Co wish to inform interested parties that we have prepared these particulars as a general guide.
Local Authority
Hinckley and Bosworth Borough Council
Hinckley Hub
Rugby Road
Hinckley
Leicestershire
LE10 0FR
Tel: 01455 251 172
Website: https://www.hinckley-bosworth.gov.uk/
Further Information
For any further enquiries please contact the agents on 0116 242 9933.