Heath Ln 9.35 Acres of Residential Land in Earl Shilton LE9 7PD
INVESTMENT HIGHLIGHTS
- Former school playing fields
- Ample amenity land
- Popular market town
- Residential development opportunity (Subject to Planning)
EXECUTIVE SUMMARY
Interested parties will be invited to submit a 'best & final' bids (non-binding on the vendor) by 12pm Friday 18th October 2024 in a form as prescribed by the vendor. As part of the bid, interested parties will be expected to demonstrate the level of planning due diligence that has been undertaken to date whilst providing a high level development proposal. It is anticipated that the preferred bidder will be granted a 3 month period of exclusivity to obtain pre-application advice from the local planning authority before entering into a conditional contract.
PROPERTY FACTS
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 9.35 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 9.35 AC |
The site comprises a fairly regular parcel of grassland extending to 9.35 acres (3.78 hectares) which is currently used as playing fields.
DESCRIPTION
The site comprises a fairly regular parcel of grassland extending to 9.35 acres (3.78 hectares) which is currently used as playing fields. The site is split by a bund which runs north to south. The eastern part of the site (shown coloured pink on the Landfill Identification Plan) extends to approximately 5.6 acres and is historic landfill. There are various gas vents located within the landfill site. The site is bound by Heath Lane and residential development to the north, residential development to the east and west and playing fields and a cycle path to the south. There is a substation in the north east corner which is fenced off from the rest of the site. There is currently one existing vehicular access point along northern boundary from Heath Lane and a footpath from Belle Vue Road.
