Land in Long Buckby available for sale
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Land Plot for Sale near Long Buckby, UK

Land Plots for Sale Within 5 miles of the Long Buckby, UK

More details for Gores Ln, Market Harborough - Land for Sale

Land at - Gores Ln

Market Harborough, LE16 8AJ

  • Land for Sale
  • £1,250,000
  • 1.10 ac Plot

Market Harborough Land for Sale

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.

Contact:

Rae & Co Ltd

Property Subtype:

Commercial

Date on Market:

13/08/2024

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FAQs about Commercial Development Land For Sale in Long Buckby

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How many Land Plot listings are available for sale in Long Buckby?
There are currently 0 Land Plots available for sale near Long Buckby.
What factors could affect the prices of Land Plots in Long Buckby?
Several factors can impact the price of Land Plots, including the size and location of the property, planning status, access to utilities, local demand, and future development potential.
What other types of commercial property are available for sale in Long Buckby?
There is a diverse range of commercial properties available in Long Buckby to suit various business needs. Long Buckby offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries.
Do I need planning permission before buying commercial land?
Not necessarily, but land with outline or full planning permission is generally more valuable and easier to develop. If buying without permission (often called 'strategic land'), you’ll need to apply through the local planning authority before development can proceed.
What is the difference between brownfield and greenfield land?
Brownfield land refers to previously developed land (e.g. former industrial or commercial sites), often with existing infrastructure. Greenfield land is undeveloped and typically located in rural or suburban areas. Brownfield sites may require more remediation but are often easier to gain planning consent for.
What due diligence should I carry out before purchasing development land?
Check the planning history, local development plan, title and legal ownership, contamination or environmental risks, access rights, and any restrictive covenants. Engage planning consultants and solicitors early in the process.
Is access to services important when buying development land?
Yes. Availability of electricity, water, sewage, and road access significantly impacts development viability and cost. Fully serviced plots are more desirable and typically fetch a premium.
What types of developments can commercial land be used for?
Depending on planning permission, commercial land can be developed into retail parks, industrial estates, logistics hubs, office parks, mixed-use schemes, or leisure facilities. The site’s location and zoning will influence its most suitable use.
What taxes and costs apply when buying commercial land in the UK?
Buyers may be liable for Stamp Duty Land Tax (SDLT), VAT (if applicable), legal and surveying fees, and planning application costs. SDLT on non-residential land starts at 2% above £150,000 and rises to 5% over £250,000.

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