RESIDENTIAL DEVELOPMENT SITE. Land Off Cosby Road, Littlethorpe LEICESTERSHIRE

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1 RESIDENTIAL DEVELOPMENT SITE Land Off Cosby Road, Littlethorpe LEICESTERSHIRE

2 Land Off Cosby Road, Littlethorpe LEICESTERSHIRE An attractive opportunity to acquire approx ha (1.967 acres) of residential development land with outline planning permission for up to 25 dwellings The site also has good access to the M1 and M69 with Junction 21 of the M1 under 4 miles to the north. Littlethorpe, and the neighbouring settlement of Narborough, provide strong range of local amenities and a wealth of retail, leisure, commercial and employment opportunities within the local vicinity. These include a Primary School, Village Hall, an equipped Children s Recreation Ground, Various Shops, Banks, Takeaways, Pubs and two Medical Centres. Location The development site is ideally located to the south of Warwick Road and east of Parnell Close, in the small rural village of Littlethorpe. The village, situated approximately 6 miles to the south-west of Leicester, is separated from the village of Narborough by the Leicester to Birmingham railway line, and the River Soar. Benefiting from excellent commuter links, Narborough railway station is situated approx. 0.6 mile (a minute walk) from the site, with direct trains to Leicester (under 15mins) and Birmingham New Street (approx. 47mins), as well as the wider rail network.

3 Planning A Minded to Approve has been granted on the outline planning application via committee at Blaby District Council (ref. 13/0884/1/OX) for the erection of up to 25 dwellings including associated vehicular access from Cosby Road and public open space. The permission is subject to the completion of a Section 106 agreement, which has been agreed and is in the process of being signed. The granting of permission is subject to a number of planning conditions, which are identified within the decision notice attached within this information pack. A range of technical studies have been undertaken, which are available as an information pack complete with unsigned Section 106 agreement upon request. Affordable Housing The approved development scheme is subject to a requirement of 25% on-site affordable dwellings. The mix and tenure split is to be agreed with the local authority. Agent s Note The purchaser will be required to provide any access to the vendors retained land in a position to be mutually agreed. Section 106 Agreement A Section 106 Agreement has been negotiated and is available upon request. Interested parties are invited to review the agreement in full as all obligations under the S106 are to be of the responsibility of the Purchaser upon legal completion and the Purchaser is to indemnify the Seller against any future costs or liabilities. Illustrative Layout (not to scale)

4 Method of Sale The site is being offered FOR SALE by way of informal tender, with a preference for unconditional offers. Any conditional offers are required to clearly specify any conditions attached. Purchasers are invited to submit offers in writing (or letter format via ) by 12:00 noon on Friday 12th May 2017, clearly marker Tender Land at Warwick Road, Littlethorpe F.A.O. Chris Green. Tenders should be for a sum certain and expressed in pounds sterling. Bidders are asked to provide a summary of any abnormal cost assumptions used in formulating their proposals All offers will be acknowledged. It is intended that 2-3 preferred bidders will be shortlisted and then invited to submit best and final net bids. The vendors reserve the right to reject any or all offers. Overage Interested parties should note that the vendors have the right to impose an overage on unit numbers/coverage and a sales value overage and are requested to provide details of the same within their bid submissions. Tenure The land will be sold freehold, with vacant possession given on legal completion. Wayleaves, Covenants, Easements & Rights of Way The land is to be sold subject to all wayleaves, easements, covenants and rights of way, whether disclosed or not. Legal Costs Each party will be responsible for their own legal costs. Value AddedTax Please note the vendor reserves the right to charge VAT and this will be payable by the purchaser on legal completion in addition to the purchase price. The VAT will be recoverable by the purchaser in the usual manner. Viewings Any person in possession of these particulars may view the site during daylight hours, but please contact agent to confirm your intention to view as land is farm. Agent s Note For clarification, Andrew Granger & Co wish to inform prospective purchasers that we have prepared these particulars as a general guide. Local Authority Blaby District Council Council Offices Desford Road Narborough Leicester LE19 2EP Tel: Further Information For any further enquiries with regard to the land, please contact the agents: Andrew Granger & Co Phoenix House 52 High Street Market Harborough Leicestershire LE16 7AF Contact: Chris Green Tel: Fax: chris.green@andrewgranger.co.uk

5 Andrew Granger & Co for themselves and the vendors/lessors of this property whose agents they give notice that:- 1. Prospective purchasers/tenants should note that no statement in these details is to be relied upon as representation of fact and prospective purchasers/tenants should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained. These particulars so not form part of any contract. Established in 1989, East Midlands property experts Andrew Granger & Co. are a wide multidisciplinary consultancy featuring residential sales and lettings, commercial, rural and professional services. Offering a high quality and affordable service, Andrew Granger & Co. have the expertise and experience to assist with Planning and Development queries across the Midlands and further afield. Andrew Granger & Co is a trading name of Andrew Granger & Co Ltd; Reg. No Registered office: Phoenix House, 52 High Street, Market Harborough, Leicestershire, LE16 7AF. VAT No.: Market Harborough Phoenix House, 52 High Street, Market Harborough, LE16 7AF Leicester Attenborough House, Rutland Street, Leicester, LE1 1RD Loughborough 2 High Street, Loughborough, LE11 2PY 2. Please note that appliances, services or installations have been tested and no guarantee as to condition or suitability is confirmed or implied. Prospective purchasers/tenants are advised to obtain verification from their surveyor or solicitor. Contents, fixtures & fittings are excluded, unless specially mentioned within these particulars. 3. All measurements mentioned within these particulars are approximate. Photographs are also provided for guidance purposes only. 4. No person in employment of Andrew Granger & Co has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars nor enter into any contract relating to the property on behalf of the vendors/lessors. 5. Site plans and floor plans are for guidance purposes only and are not to scale and should not be relied upon as a statement of fact. If Ordnance Survey maps are provided, it has the permission of the controller H.M.S.O Crown Copyright reserved, Licence No Any reference to the use or alterations of any part of the property does not imply that the necessary planning, building regulations or other consents have been obtained. It is the responsibility of the purchaser or lessee to confirm that these have been dealt with properly and that all information is correct.