241 Loughborough Road, Leicester , LE4 5PN
Ref No. 8113
For Sale

Location 241 Loughborough Road, Leicester, LE4 5PN, Leicestershire, , East Midlands
The property is located off Loughborough Road (A6030) 2 miles north of Leicester city centre in an area of mixed residential and commercial uses. Leicester is centrally located within the UK and has excellent access onto the M1 motorway. The site is located 0.3 miles from the A563 outer ring road, providing access to junctions 21 (7.0 miles), 21a (5.5 miles) and 22 (8.5 miles). Junction 21 of the M1 also forms the intersection of the M69 motorway. The property surrounds the existing Bestway Cash & Carry and is bounded to the north by the River Soar, the east by open land, the south by Bath Street, residential properties and a Lidl supermarket. The main access to the site will be from Loughborough Road with a further proposed access from Bath Street. Located within the district of Belgrave, nearby occupiers include Bestway Cash & Carry, Lidl, Jelson Homes and Leicester Outdoor Pursuits Centre.

Size 13.8000 acres
(5.5890 hectares)

Description the site comprises a cleared development site, which is irregular in shape and gently slopes from west to east. Extends ca. 5.3ha.

Description

The site comprises a cleared development site, which is irregular in shape and gently slopes from west to east. It extends to approximately 5.3 hectares (13.08 acres). We understand that the net area extends to the region of 2.43 hectares (6.46 acres).

Planning

The Property lies within the jurisdiction of Leicester City Council, who are currently working on a new Local Plan. The plan will replace the 2006 Local Plan and the 2014 Core Strategy.

The site has the benefit of a detailed planning consent (Reference 20071480) for 93 apartments (12 of which were affordable) and 68 three, four, five and six bed houses (17 of which were affordable). An extension of time in connection to this application was granted in May 2014 (Ref 20131484), subject to a S106 agreement. The extension of time will expire in May 2017. The respective applications can be view on the Leicester City Council Planning Database;

https://goo.gl/aTZEoD

Due to the size and location we understand the site may have scope for alternative use subject to necessary planning consent. Interested parties with planning enquiries should contact the Planning Team at Leicester City Council.

T: 0116 454 3031

E: planning@leicester.gov.uk

Technical Information

We understand that mains water, drainage, gas and electricity are available to the site. However prospective purchasers should make their own enquires through the relevant authorities as to the exact availability. Further technical information can be made available on request.

Property Type Industrial/logistics, Residential Use, Land, Retail - Warehouse

Property Contacts:

  • Matthew Smith
    +44 (0)115 8382108
  • James Keeton +44 (0)115 8384512
Property Location:



Disclaimer:

JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:-
a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
c. no person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
d. Any images may be computer generated.  Any photographs show only certain parts of the property as they appeared at the time they were taken.
For properties in Scotland:
e. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law
Copyright © Jones Lang LaSalle IP Inc 2017. All rights reserved.