33 Ac(13.35 Ha)
Price on application

Residential Development SiteGartree Road, Leicester

  • Sold

Key features

  • Prime location
  • Resolution to grant up to 310 dwellings
  • For sale by way of informal tender
  • Offers invited

Well located prime residential development site.

About this property

  • This prime residential development site has a resolution to grant up to 310 dwellings in an attractive and established high value town in Oadby, Leicestershire. The proposed development will provide a distinctive and high quality place through a well-designed layout and we anticipate a high standard scheme. The development will also include new open space as well as retain and enhance existing woodlands and wetland creating a strong sense of place and a new community, whilst respecting and enhancing the existing character of Oadby. The site is relatively flat and is made up of two parcels separated by Gartree Road to the north, Stoughton Road to the east and existing housing to the south and west. The larger parcel to the south of Gartree Road comprises substantial arable fields. The majority of the section north of Gartree Road is made up of large disused agricultural buildings and hardstanding car parking associated with the commercial units known as Stoughton Grange - a cluster of local businesses including a gastro pub (Cow and Plough). For the avoidance of doubt the commercial units fall outside the site boundary and the sale area. There are two dwellings within the site boundary, west of Stoughton Grange, which are proposed for demolition as well as the farm building within the yellow line parcel plan. The further surrounding locality provides for the University of Leicester sports fields; Shady Lane arboretum, Dam's Spinney, Spire Hospital and Leicestershire Golf Course.

Local information

  • The site is located on the northern edge of Oadby, Leicester, approximately 5 miles (8 km) south east of Leicester City Centre. It is connected to the centre of Leicester via the A6 (Harborough Road), which leads south towards Market Harborough, Kettering and Corby and north to Loughborough and Nottingham.
  • Leicester City Centre consolidates most of its shopping into Highcross Shopping Centre, Haymarket Shopping Centre, "the old town" around Leicester Cathedral, Leicester Market and the Magazine Gateway.
  • Leicester City Centre is also home to the University of Leicester, De Montfort University, Leicester College, Leicester Royal Infirmary, the New Walk business district known as Southfields, as well as sporting venues including the Welford Road Stadium of Leicester Tigers' RUFC and the King Power Stadium of Premier League Leicester City.
  • The City and the outer ring road (A563) are easily accessed from the site with the outer ring road providing efficient access to a number of surrounding main arterial routes including the A46, A47, A50, A606 and the M1 motorway.
  • The site is located on the edge of Oadby town centre (approximately 0.8 miles (1.3 km) which offers a range of services and facilities including local retailers, restaurants, pubs, a health centre, plus ASDA, Boots and Waitrose.
  • Oadby is well located near to a number of sought after state and independent schools, including Leicester High School for Girls (independent), Leicester Grammar School Trust (independent), Beauchamp College, St Paul's Catholic School and so forth as well as a number of local primary schools including Woodland Grange Primary School, Landmoor Primary School and Laude Primary School.

Additional information

  • The site benefits from a resolution to grant consent for the construction of up to 310 dwellings across two land parcels, with all matters reserved except for access.
  • The site within the yellow line plan comprises approximately 13.7 ha (33.9 acres).
  • The Seller is willing to consider the disposal of the site in two separate parcels.
  • The north parcel comprises approximately 1.9 hectares (4.8 acres). The southern parcel comprises approximately 11.78 hectares (29.11 acres).
  • Please note that the yellow line plan shown within the brochure and the acreage stated above constitute the planning plan only. The sale plan will differ from the planning plan provided and will be uploaded to a dedicated datasite in due course.
  • The planning application reference is 18/00178/OUT.
  • The S106 Agreement is in draft form and a copy will be uploaded to the datasite when available.
  • Log in details will be provided following receipt of an Expression of Interest.
  • The site if offered for sale by way of Informal Tender. Offers are invited for the freehold interest of the whole or part of the site, either on an unconditional or subject to Reserved Matters Approval basis.
  • Expressions of Interest are invited by noon on Friday 21 June 2019.
  • Informal Tender Deadline for offers noon on Wednesday 24 July 2019.
  • Offers should be made in writing, should not relate to any other offer and should include:
  • - Details of the proposed scheme including indicative layout and drawings.
  • - Conditions associated with the offer
  • - Proposed timescales for exchange and completion
  • - Solicitors' details
  • - Payment profile and availability of funds
  • - Any overage provision above 310 units
  • The Seller is not obligated to accept the highest offer or indeed any offer submitted during the marketing process.
  • Offers should be addressed to Ann Taylor of Savills Development Team, Nottingham, and submitted in hard copy or via email to Ann Taylor (ataylor@savills.com) and Phoebe Clark (pclark@savills.com).