The property is a 10.5-acre site located in the village of Harlaxton, Grantham, with good road frontage onto the A607. The site is mainly farmland with a mixture of arable and grass land, and it wraps around the western end of the village with a second road frontage to the south. The site has the potential for development, and an Option Agreement has been entered into with BDW Trading Limited for a period of 5 years plus 5 years plus 5 years. The agreement includes a minimum land value of £175,000 per NDA plus indexation using Savills Development Land Index, and a discount to open market value of 15%. The site is subject to wayleaves, easements, and rights of way, and it is being offered for sale unconditionally and subject to vacant possession on all but the blue hatched land, which is tenanted via an oral tenancy agreement. The local plan is under review, and the site is identified as one of the 16 Larger Village tier of the hierarchy in the South Kesteven District Local Plan (2011-2023).