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Snibston, Land off Ashby Road, Coalville, Leicestershire, LE67 3LN

Development and Land For Sale

11.85 Acres (4.8 Hectares)

For Sale: Rent On Application

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Site area: 11.846 acres (4.79 hectares)
Outline Planning Permission for 116 dwellings
Popular market town
Agreed Section 106 contributions
5% affordable housing
Price on application
The site extends to approximately 11.846 acres (4.79 hectares) and comprises a relatively uniform rectangular shape parcel of land and is largely formed by two large gravel car parking areas accessed from Chiswell Drive.
The site is relatively flat with a gentle slope downwards from the northern boundary to the southern boundary.
Outline Planning Permission (P17/O1424/FULM) was obtained from North West Leicestershire District Council for residential development of 144 dwellings.
A Section 106 Agreement has been completed, which provides for contributions amounting to £1,677,673.38.
There is a provision for 5% affordable housing (6 affordable rented dwellings and 2 intermediate housing).
Leicestershire County Council are to retain 2.488 acres of land for their own use (edged blue on the Master Plan over leaf). The land to be sold extends to 11.846 acres (edged red on the Master Plan). The Master Plan indicates a site capacity of 116 dwellings.
It is understood that reduced Section 106 contributions (to include the affordable housing provision) can be negotiated by the Purchaser when submitting the Reserved Matters Application.
For the purpose of submitting an offer, an assumed breakdown for the Section 106 contributions will be calculated on a pro-rata basis at £1.35m for 116 dwellings.
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