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Land on Station Road & Corner of... Land for sale
Land on Station Road & Corner of Holmden Avenue, Wigston, LE18 2DJ
£750
Land on Station Road & Corner of Holmden Avenue, Wigston, LE18 2DJ
£750
Our Summary
- For Sale by Public Auction on09/04/2025Location:Two of the sites are located on Station Road either side of Abingdon Close and one site is located on the corner of Heatherley Grove and Holmden Avenue
- Planning Potential for development, subject to planning permission
- A Development Uplift Clause will be included within the contract entitling the Seller to recover 30% of any increase in value of the site for a 30 year period
- 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
- 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
Description
Three level sites of public open space, totaling approximately 0.25 acres, are up for sale by public auction on September 4, 2025. The sites are located on Station Road, Abingdon Close, and Heatherley Grove/Holmden Avenue, and are situated in the Oadby & Wigston Borough Council area. The sites have planning potential, subject to permission, and the sale is subject to the buyer paying the seller's legal and auctioneer's fees. Additionally, a development uplift clause will be included in the contract, entitling the seller to recover 30% of any increase in value due to non-agricultural or equestrian development within 30 years of the purchase completion. The property is being sold freehold, but a restrictive covenant will be imposed to prevent the siting of mobile homes or temporary dwellings without the vendor's written consent.