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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 strategically located near Leicester, with convenient transport links to the Midlands region and beyond. The land is currently accessed off Desford Lane in the village of Peckleton and is bounded by hedgerows and post and rail fencing. With its gentle slope and loamy clayey soil, the land has potential for development, particularly given its proximity to existing new commercial development and its inclusion in the Hinckley and Bosworth Local Plan. The land is being sold with an overage clause, which retains 30% of any uplift in value attributed to change of use or planning permission for development. The land is currently let on a 1-year Farm Business Tenancy, with vacant possession available on September 29, 2026, although this can be obtained earlier if required. Viewings are available during reasonable daylight hours, and the land is being sold by private treaty.