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Features

  • A productive parcel of mature ridge and furrow grassland situated in the heart of rural Leicestershire.
  • Historic promotion of the land for housing development.
  • Melton Mowbray 5½ miles, Leicester 8½ miles, Oakham 11 miles
  • About 21.27 acres (8.61 hectares) in total
  • For sale as a whole
  • Guide Price £450,000

Nearest Stations

  • Syston Rail Station - 4.4 miles
  • Melton Mowbray Rail Station - 5.3 miles
  • Sileby Rail Station - 5.7 miles
A productive parcel of mature ridge and furrow grassland situated in the heart of rural Leicestershire.

Melton Mowbray 5½ miles, Leicester 8½ miles, Oakham 11 miles

About 21.27 acres (8.61 hectares) in total

For sale as a whole

Guide Price £450,000
Situation
The land is located to the east of the village of Gaddesby in Leicestershire and has vehicular access directly off Ashby Road.

The Land
The land extends to approximately 21.27 acres (8.61 hectares) of good, productive grassland with ridge and furrow topography.

Method of Sale
The freehold land is offered for sale as a whole by private treaty with vacant possession on completion.

Services
The land has one water trough with mains connection.

Wayleaves, Easements and Rights of Way
The land is sold subject to any existing easements, covenants and wayleaves.

There are two public footpaths running through the land. One runs north to south from a track off Church Lane to Ashby Road. The other makes up part of the Leicestershire Round and runs south east from the track off Church Lane.

There are six telegraph poles with overhead electricity lines situated within the land.

Basic Payment
There are no delinked payments available to the Buyer.

Environmental Schemes
The land has not been entered into any environmental land management schemes.

Sporting, Timber and Mineral Rights
All mineral, timber and sporting rights are included in the freehold sale, in so far as they are owned.

Overage
The property will be sold subject to an overage for development (other than agricultural or private equestrian buildings) and this will apply to any residential development (including but not limited to any residential element linked to agricultural or equestrian uses) or commercial development. The overage will also apply to the future use of the land for natural capital schemes that enable development elsewhere, such as Biodiversity Net Gain. The rate will be 35% for 40 years from the completion date. The grant of planning permission or a conservation covenant agreement/planning agreement will be a trigger event for overage.

Local Authority
Leicestershire County Council (County council) www.leicestershire.gov.uk

Melton Borough Council (District council) www.melton.gov.uk

Planning
All interested parties are encouraged to review the representations made by Avison Young in April 2020 in respect of the submission version of the Gaddesby Neighbourhood Plan. This provides a detailed background as to the historic promotion of the land for housing development and the historic proposal for the land to be designated as Local Green Space, which was subsequently struck out of the adopted neighbourhood plan.

Avison Young's representations can be found at www.meltonplan.co.uk/gaddesby

VAT
Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the land, or any part of it, or any right attached to it, becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.

Solicitors
Clarke Willmott LLP, Floor 10, Assembly Building C, Cheese Lane, Bristol BS2 0JJ

Viewings
The land may be viewed at any reasonable time with a copy of these particulars to hand. Viewing is at your own risk and neither Shouler & Son nor the vendor take any responsibility for any losses or damages incurred during inspection.

What3Words Access Point
meatball.mailings.briefer
Property Ref: 18930312

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