Land for sale
Leicester, LE7 1NH
studio Flat
Property photos
Property description
For Sale by Public Auction on12/06/2024
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.
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
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.
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
Interested in this property?
Council tax
First listed
Last weekLeicester, LE7 1NH
Marketed by
Kal Sangra Shonki Brothers - Auction House 85 Granby Street Leicester, Leicestershire LE1 6FBPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Leicester, LE7 1NH - Streetview
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