Gores Ln - Land at 1.1 Acres of Commercial Land Offered at £1,250,000 in Market Harborough LE16 8AJ

Further to your enquiry regarding the land adjacent the new Aldi store in Market Harborough.

This is a rare freehold development opportunity in a much sought after town, adjacent a new Aldi store which opened last Autumn. The site is suitable for various uses, subject to planning, given its high-profile location.

There has been a delay in asking for bids due to delays in starting the bell-mouth works from Gores Lane, to be carried out by the vendor, which are now planned to be completed by March 2026.

Please note that the site size has slightly reduced recently as the footpath, which borders the site and the Aldi store, providing access from Gores Lane to the Aldi and Rockingham Road, has been excluded from the sale.

A wooden fence has been erected along the boundary with the Aldi store, but this could be removed – in part or whole, by agreement. The cleared site can be viewed from the kerbside.

We are inviting best bids to be submitted to Rae & Co Ltd by noon on Wednesday 11th February, and look forward to hearing from you, by email to

richard@raeandco.co.uk

and copying in

realestatedisposals@aldi.co.uk

The vendor is not bound by the informal tender, nor will they necessarily accept the highest bid.

We would be grateful if you could provide information as follows:
1. Name of the proposed purchaser, including company registration number if applicable.
1. Contact details.
1. Proposed offer price for the freehold land.
1. Proposed use.
1. Conditions of the offer, other than subject to contract.
1. Previous development history of purchaser.
1. Solicitor’s details.
1. Agent’s details, if applicable.
1. Confirmation of funding.
Planning consent was granted on 10th October 2023 under Application Number 22/01104/OUT which was a hybrid application proposing full planning permission for the demolition of existing buildings and the erection of a new retail food store.