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Land for sale
Desford Lane, Peckleton
£325,000
Desford Lane, Peckleton
£325,000
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
Description
This 17.92-acre arable land plot is situated in Peckleton, near Leicester, with convenient access to the M1 and M69 motorways. The land is currently used for agriculture and has potential for development, being adjacent to an existing commercial site. The surrounding area is earmarked for future development, with a 2020 report identifying the site as suitable for 340,000 sqm of B8 development. The land does not currently have mains services, and the sale is subject to an overage clause that retains 30% of any uplift in value attributed to development or change of use. The property includes sporting and mineral rights, and is being sold freehold with vacant possession. The location is ideal for those looking for a rural setting with easy access to the Midlands and beyond.