Land - Development, Residential Use 4.86 Acres GEA Abbey Meadows, Abbey Park Road, , Leicestershire, LE4 5DF

Summary

• sidential Development Opportunity • Type: Land - Development, Residential Use • Tenure: • Size: 4.86 Acres GEA

jll.co.uk/property Location The property is accessed off Abbey Meadows, a no through road, which in turn is accessed off Abbey Park Road (B5327) 1.4 miles north of Leicester city centre in a mixed residential and commercial area. Abbey Park Road forms a junction with the A6 and A607 to the west and east respectively both giving direct access to Leicester city centre.

The city is centrally located within the UK and has excellent access onto the with junctions 21 and 22 lying 3 miles and 8 miles to the south west and North West respectively. Junction 21 of the M1 also forms the intersection of the M69 motorway. London is just over one hour’s travel time on the main Sheffield to London (St Pancras) line.

The property is situated on what is locally known as the Wolsey Island, an area of land between the and the Grand Union . The property is bounded to the north by the former Wolsey headquarters site. To the south, are a number of former commercial buildings, the east by the and the west by Abbey Meadows and the River Soar. The main entrance to the site fronts Abbey Meadows.

Westleigh Homes have had a planning application recently approved for the construction of 93 houses and 95 apartments on the former Wolsey headquarters site to the north. This is further to the former shoe factory building to the southwest of Wolsey Island, fronting Abbey Park Road being converted to apartments and Morris Homes Abbey Quarter development, where 307 dwellings have been completed to the east of the shoe factory site.

Description The site comprises a cleared residential development site, which is regular in shape extending to a gross area of approximately 1.97 hectares (4.86 acres) and a net area of approximately 1.84 hectares (4.55 acres).

We are informed that Abbey Meadows and Abbey Park Road are both adpoted Highways.

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 is situated witin the Abbey Meadows regeneration area as defined within the City of Leicester Local Plan (CLLP) and the Abbey Meadows Supplementary Planning Document.

The site was granted detailed planning consent (Reference 20080333) for 93 apartments and 66 three and four bedroom house of which fiver were to be affordable on 11 April 2013. This consent has now expired. The applcation can be viewed on the Leicester City Council Planning Database; https://goo.gl/aTZEoD

Interested parties with planning enquries should contact the Planning Team at Leicester City Council;

T: 0116 454 1000

E: [email protected]

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 Energy Performance Rating authorities as to the exact availability and capacities. Further technical information can This property has been graded as Exempt: No building present. be made available on request. Business Rates Tenure Available on Request The site is held on a freehold basis. Service Charge Available on Request

LE4 5DF

Viewing & Further Information If you are interested and would like more information please get in touch.

Contacts Matthew Smith t: +44 (0)115 908 2123 e: [email protected]

jll.co.uk/property 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. All properties are measured in accordance with the RICS property measurement, 1st Edition May 2015 (incorporating IPMS) unless designated NIA/GIA/GEA, in which case properties are measured in accordance with the RICS Code of Measuring Practice (6th Edition); 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. © 2018 Jones Lang LaSalle IP, Inc. Date: 30/10/18 - abbey-meadows_301018_8110.pdf