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Standard Hill, Hugglescote, Leicestershire, LE67 3HJ

Price on Application

Available
Features
  • 19.67 hectares (48.60 acres)
  • Net developable area 29.50 acres approx
  • Outline planning permission for residential development

Map
By Direction of Messrs K. Woodings & Sons Limited and Trustees of Messrs Hoole. An Important Area of Prime Residential Building Land for 400 Homes

By Direction of Messrs K. Woodings & Sons Limited and Trustees of Messrs Hoole

An important area of prime residential building land – 19.67 hectares (48.60 acres) net developable area 29.50 acres (approx). 

LOCATION
The land is located on the outskirts of the villages of Ravenstone and Hugglescote within the County of Leicestershire. Situated in North West Leicestershire the villages lie to the east of Ashby de la Zouch and south of Coalville and to the east of the A447 Hinckley to Melbourne road.

Easy access to the midlands commercial centres is via the motorway network of M1, junction 22 (Markfield) 8 miles. A42 linking with M42 Ashby-de-la-Zouch 6 miles. Leicester 14 miles, Derby 22 miles, Nottingham 22 miles and Birmingham 26 miles. East Midlands airport is approximately 10 miles.

The area of North West Leicestershire has expanded considerably over the last 5 years with a large employment area at Bardon close to the M1 junction 22 including a recent Amazon distribution centre. The location is served by amenities including public transport, a primary school, medical centre and local shopping. From our enquires and correspondence received it is possible that approximately 50% of the site benefits from students having the right to attend Ashby Upper
School.

SITUATION
The site lies to the western side of the village of Hugglescote and adjoins open countryside to the west. It is situated on the northern side of Standard Hill which joins the village of Hugglescote to Ravenstone.

PLANNING
Outline planning permission has been secured for residential development – application number 12/00007OUTM for 400 dwellings with associated road, service infrastructure, drainage ponds, landscaping and open spaces (all other than part access reserved)

Erection of up to 400 dwellings with associated roads and service infrastructure, drainage ponds, landscaping and open spaces (outline and all other matters other than part access reserved) approved under planning permission 12/00007/OUTM without complying with condition no’s 4, 8, 9, 10, 11, 12, 13, 15, 16, 17, 18, 19, 20, 21, 22, 23, 25, 26, 28 to allow for development to commence on the provision of the site access. This application is in the process of being approved with a Section 106 under The Town & Country Planning Act 1990 which was also approved and completed for the first application.

The planning permission provides within the Section 106 Agreement for the following
£
Health Care 15,452
Bus Passes 260,000
Education Primary 1,079,232
Education High School 180,907
Travel Packs 20,072
Library Contribution 24,000
Waste Contribution 28,428
District Council Monitoring 1,914
County Council Monitoring 17,601
Travel Plan 50,000
Travel Plan Coordinator 100,000
Highways Control 1,700,000
T.R.O. Highfield Street 3,000
Memorial Square Improvements 10,000
MOVA /A447 6,000

  £3,496,606

 Affordable Housing 11%
(subject to a revaluation mechanism)

Provision of public open space and play area

GENERAL INFORMATION

Easements, Restrictions and Outgoings
The land is subject to any easements or restrictions in place.

Tenure
Freehold with vacant possession.

Reports

Ground Conditions, Archaeological and other consultation reports have been prepared and are available.

Services

It is understood that all mains services are available to the site but interested parties should make their own enquires of the various utility providers.

Data Room
Comprehensive details of all planning, legals, survey reports etc are available within the data room. Access to this can be arranged via the selling agents.

VAT

The vendors reserve the right to opt to tax for VAT in addition to the agreed purchase price.

Plan Area and Description
The plan area and description are believed to be correct in every way but no claim will be entertained by the vendors, their agents or Miller.Homes in respect of any error, omissions or misdescription. The planis for identification purposes only.

Local Authority
North West Leicestershire 01530 454545

Legal Cost
Each party to be responsible for their own legal costs and surveyors fees incurred in this transaction.

Reason for Sale
The land is being offered on the open market by the vendors as the holders of an option have declined to proceed for reasons stated by letter signed by a member of the developers’ board of directors, a copy of this letter is available in the data room.

Method of Sale

The property is being offered for sale by informal tender and the tender date will be advised to all interested parties during the marketing period.

Copies of the informal tender form will be supplied to interested parties prior to the tender date from the selling agents.

Prospective purchasers are advised that neither the vendors, Miller Homes, the selling agents, nor the vendors’ solicitors bind themselves to accept the highest or any tender submitted.

Viewing
At any reasonable time by prior appointment with the selling agents.

Contacts
Howkins and Harrison, 40A Market Street, Ashby-de-la-Zouch, Leicestershire LE65 1AN

01530 877977 – Michael Fallowell michael.fallowell@howkinsandharrison.co.uk.

Clive Garner and Partners, March House, Gaulby Road, Kings Norton, Leicestershire LE7 9BA

01162 599912 – Mike Musson mgm@cgpartners.co.uk

Vendor Solicitors
Andrew Eagle, Josiah Hinks, The Manse, 22 De Montfort Street, Leicester LE1 7GB

01162 551811 rae@josiahhincks.co.uk

John Hatchard, Moore Blatch LLP, 48 High Street, Lymington, Hampshire SO41 9ZQ

01590 625800 john.hatchard@mooreblatch.com

Material Start
In order to preserve the existing planning consent Miller Homes will be making a material start prior to completion of the sale and the cost of these works will be paid by the purchaser in addition to the purchase price. Full details and the cost of works will be available.

Disclaimer Howkins & Harrison endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
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