Land & Premises Mantle Lane, Coalville, LE67 3DU
Manufacturing facility in Coalville
Guide price*
£2,200,000
Plus fees
Sold prior to auction, for an undisclosed amount
Lot information
Commercial Vacant
Auction details:
Thursday 26th March 2026 @ 08:30AM
A substantial manufacturing facility and warehousing, extending to approximately 3.13 acres (1.26 hectares)
Property Description
The property comprises a substantial former food manufacturing facility and offers flexible industrial accommodation, suitable for continued food manufacturing, processing, storage or alternative industrial/trade uses (subject to any necessary consents). Externally, the property benefits from loading access and on-site parking, within a secure and established industrial estate environment. Extending to 99,723 sq. ft. (9,267.93 sq m) over ground and first floors , the property provides extremely well maintained manufacturing and processing accommodation together with an array of offices and ancillary areas. The production area itself is approximately 69,940 sq. ft. (6,500 sq m) and incorporates a number of factory units, curing rooms, chill rooms, cold stores and despatch rooms. To the first floor there are a number of offices, staff facilities and ancillary areas. Externally, the site is access via secure security gates and a security gatehouse which leads on to a substantial car park and yard area. Inall, the site extends to 3.13 acres.Location
Coalville is an established industrial location within North West Leicestershire, strategically positioned in the East Midlands. The town benefits from excellent road communications, located immediately adjacent to Junction 22 of the M1 motorway, providing direct access to Leicester, Derby, Nottingham and the wider national motorway network. The area is well regarded by trade and industrial occupiers, supported by a strong local labour supply and an established commercial environment. East Midlands Airport is approximately 12 miles to the north.Energy Performance Rating
B.Tenure
Long leasehold for a term of 999 years from 22nd November 2024, subject to a peppercorn ground rent.Pre-auction Offers
Please note that offers in excess of the guide price may be considered prior to the Auction Sale.Viewings
Strictly by appointment with the Auctioneers. Please complete the ‘request a viewing’ form or contact the office.DISCLAIMER
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
VIEWINGS
Buyers are deemed to have viewed the property (if access is available), viewed the virtual tours where applicable and undertaken all their due diligence checks prior to bidding.
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
LIVE-STREAMED AUCTION
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.
*DEFINITION OF GUIDE & RESERVE PRICE
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
COSTS AT AUCTION
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,700 inc VAT (£2,250 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
