Land and Buildings at Cossington, Leicestershire

A single field of flat pasture with a brick and stone building potentially suitable for alternate use, a timber stable, two field shelters and mains water.

Leicester 5 miles, Loughborough 6 miles, Melton Mowbray 10 miles

About 3.07 acres

For sale as a whole by Informal Tender

Deadline 12 noon on Monday 18th August 2025

Offers in Excess of £200,000

Situation - The property is conveniently located between the A6 and A46 to the south west of the village of Cossington, with gated vehicular access directly off Platts Lane.

Description - The land extends to approximately 3.07 acres of flat pasture and is predominantly bounded by mature hedges. In the south east corner there is a brick and stone building with a concrete tile roof that has been under felted. This may be suitable for conversion and alternative use, subject to any required planning or other consents. The land also benefits from a separate timber stable and two field shelters attached to the brick and stone building

Method Of Sale - The freehold land is offered for sale by informal tender on the following terms:

1. All tenders must reach the office of Shouler & Son, County Chambers, Kings Road, Melton Mowbray LE13 1QF no later than 12 noon on Monday 18th August 2025. Late tenders will not be considered. Tenders may be submitted by email to: t.

2. Tenders should be submitted on the Tender Form in writing and placed with a sealed envelope marked “Land and Buildings at Cossington FAO Tim Harris”. All tenders must be made by a named Buyer with their full home address, telephone number and email address provided as well as details of the solicitor acting. The Tender Form is available from Shouler & Son, the Seller’s agent.

3. Tenders must be for a precise sum of pounds sterling. It is advised that tenders should be for an odd figure to avoid the possibility of identical bids. No escalating tenders, linked tenders or tenders made with reference to others will be considered. No tenders will be considered that are subject to obtaining planning permission.

4. The seller does not undertake to accept the highest or indeed any tender made.

5. Tenders must be accompanied with evidence of finance or funds for the purchase.

6. Tenders are invited for the land using the Tender Form available on request from Shouler & Son, the Seller’s agent.

Services - Mains water is connected.

Easements, Covenants & Wayleaves - The land is sold subject to any existing easements, covenants and wayleaves.

Overage - The property is sold subject to an existing overage for development, which has the effect of enabling the property to be used for the purpose of one or more residential unit, whereby 30% of any increase in value due to such development (as defined in the Town and Country Planning Act 1990) would be payable to the previous vendors should that development occur within 40 years from the 30th August 2018. The overage would be payable on either implementation of the planning permission or a sale of the property with the benefit of that permission, whichever is the sooner. Importantly the grant of planning permission for the following shall not constitute a trigger event under the overage:

• The grant of planning permission for the change of use of the property for equine, agricultural or recreational development purposes together with planning permission for any temporary or permanent structures on the property ancillary to that use, provided that planning permission for the construction or use or change of use of an extension or building or structure used for residential occupation shall be a trigger event, or

• The grant of planning permission for one residential unit together with outbuildings ancillary to its use not exceeding a ground floor footprint of 150 square metres shall not constitute a trigger event provided that planning permission for the construction or use or change of use of an extension or separate building used or intended to be used as self-contained holiday lettings shall be a trigger event.

A copy of the overage is available from the vendor’s agent upon request.

Sporting, Timber And Mineral Rights - All sporting, timber and mineral rights are included in the freehold sale, in so far as they are owned.

Local Authority - Leicestershire County Council (County council)

Charnwood Borough Council (District council)

Vat - Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the land, or any part of it, or any right attached to it, becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.

Viewings - At any reasonable time with these particulars in hand. Viewing is at your own risk and neither Shouler & Son nor the vendor take any responsibility for any losses or damages incurred during inspection.

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