House For Sale Rush Close, Leicester, LE9

An exciting opportunity to purchase approximately 17.92 acres of arable land with strategic development potential

BID DEADLINE - FRIDAY 12TH APRIL AT 12 NOON

Travel Distances - Leicester - 8.5 miles
M1 Junction 21 - 8 miles
M69 Junction 3 - 8 miles

Location - The land is strategically located adjacent to the Griffen Park development site. Junction 21 of the M1 and Junction 3 of the M69 are approximately 8 miles to the east, providing convenient transport links to the wider Midlands region and further afield. The land is currently accessed off Desford Lane, at the eastern end of the village of Peckleton.

Description - The land comprises a single block of gently sloping arable land extending to approximately 17.92 acres and is bounded by a mixture of hedgerows and post and rail fencing.
The land is classified as Grade 2 on the Agricultural Land Classification map and according to The Soil Map of England and Wales, the soil is a loamy clayey soil of the Beccles 1 series.

Development Potential - The land is immediately adjacent to existing new commercial development, and, subject to planning permission, would form a logical extension to the existing built form.

The land itself has not been promoted through the Hinckley and Bosworth Local Plan, however the surrounding land is under the control of a developer and is referred to in the 2020 SHELAA report as site reference LPR24, being land west of Neovia, Peckleton Lane, Desford. The total site area under this reference is 84.34 hectares with the potential to accommodate approximately 340,000sq.m. of B8 development. It is identified in the 2020 SHELAA report as being suitable, available and achievable within a 15 year timescale. The more recent 2022 SHELAA is still under consideration by the local authority.

Site LPR24 has not been allocated for development in the draft Local Plan published in 2022 but the land clearly has long term development potential being adjacent to an existing regionally important employment area.

Services - We understand that the land does not benefit from any mains services. Purchasers should make their own enquiries regarding the location of mains services supplies.

Overage Clause - The land will be sold with an overage clause which retains 30% of any uplift in value attributed to any change of use or planning permission for development for a period of 30 years. For the avoidance of doubt, the overage will not be triggered by any agricultural, private equestrian or forestry use.

Sporting & Mineral Rights - The sporting and mineral rights are to be included within the sale insofar as they are owned.

Tenure - Freehold with vacant possession upon completion.

Method Of Sale - The land will be sold by private treaty.

Viewing - The land may be viewed during reasonable daylight hours by anyone in possession of a copy of these particulars.

Local Authority - Hinckley & Bosworth Borough Council

Plan, Area & Description - The plan, area and description are believed to be correct in every way, but no claim will be entertained by the Vendor or their Agents in respect of any error, omissions or misdescriptions.
The plan is for identification purposes only and is not to scale.

Anti-Money Laundering - Under the Money Laundering Directive (S12017/692) we are required to take full identification (e.g. photo ID and recent utility bill as proof of address) from a potential buyer before accepting an offer on the property. Please be aware of this and have the information available.

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