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Land for sale
Desford Lane, Peckleton, LE9
£225,000
Desford Lane, Peckleton, LE9
£225,000
Our Summary
- 92 acres of arable land with strategic development potentialTravel Distances - Leicester - 8
- 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
- 34 hectares with the potential to accommodate approximately 340,000sq
- 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
- 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
- Strategic development opportunity
Description
This 17.92-acre arable land is situated in Peckleton, near Leicester, with proximity to major transportation links, including the M1 and M69 motorways. The land is currently used for agricultural purposes and has potential for development, being adjacent to existing commercial development and identified in the 2020 SHELAA report as suitable for 340,000 square meters of B8 development. The land does not benefit from mains services, and the sale will be subject to an overage clause, retaining 30% of any uplift in value attributed to development. The sporting and mineral rights are included in the sale, and the property will be sold freehold with vacant possession. The land offers a unique opportunity for development, with potential for growth and expansion in the region.