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No longer on the market

This property is no longer on the market

For illustrative purposes only
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Land

Auction
Sold STC
Land
470447
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Land / potential development
  • Guide price: £90,000 £100,000 plus vat
Sold for £125,000 For Sale by Public Auction on14/02/2024

Location:
The site is located just off Fosse Way between Mill Lane and Meadow Lane opposite to The Half Croft industrial estate and George Walker timber merchants.

Description:
A site of approximately 10.8 acres (4.4 hectares). There is potential for alternative uses subject to planning.

Planning
Potential for alternative uses subject to planning.
Local Planning Authority: Charnwood Borough Council[use Contact Agent Button].

Note
VAT will be payable on the purchase price.
The property is sold subject to a development uplift clause which will reserve 30% of any increase in value due to any non-agricultural or equestrian development that takes place within 30 years of the completion of purchase. This clause would be triggered if the land is included as the Biodiversity Net Gain element of any other associated planning consents. These clauses will be triggered either upon the implementation of a planning consent or the sale of the property to a third party, subject to any consents.

Tenure
Freehold.

A restrictive covenant will be imposed on preventing the siting of any mobile home, or temporary dwelling without the written consent of the Vendor.
Previously marketed for £120,000 plus VAT.

Solicitors
Frisby & Small, 5 De Montfort Street, Leicester LE1 7GE
[use Contact Agent Button] ~ Ref: J Crowson
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About this agent

Kal Sangra Shonki Brothers - Auction House
Kal Sangra Shonki Brothers - Auction House
85 Granby Street Leicester, Leicestershire LE1 6FB
0116 484 9720
Full profileProperty listings
Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.
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