Shepshed Development Rights

Mather Jamie is appointed by the Trustee in Bankruptcy of Charles Micklewright, who now has full control of Asiatic Luck Corporation.

Asiatic Luck Corporation (ALC) benefits from the ownership of certain Development Rights relating to two parcels of land, which are located to the north of Shepshed, Leicestershire.

- Parcel A extends to 36.49-acres / 10.72-hectares or thereabouts. ALC's ownership comprises of a 35.00% ownership of the Development Rights.

- Parcel B extends to 368.96-acres / 149.31-hectares or thereabouts. ALC's ownership comprises of a 76.67% ownership of the Development Rights.

The freehold is owned by two Trust companies, Grace Dieu Corporate Trustee One Limited and Grace Dieu Corporate Trustee Two Limited. Only the development rights referenced in the marketing brochure are available for sale.

When considering an offer for the Development Rights, parties are to consider the following key points:

- There is no formal collaboration between the Development Right holders and freeholder
- There is no agreement with a house builder or land promoter to deliver the schemes
- The land has been self-promoted to date to secure Local Plan allocations
- There is no agreement with the farming tenant to access the land or secure Vacant Possession
- Both Parcels are impacted by a number of constraints, as detailed in the marketing brochure

The Trustee in Bankruptcy has instructed Mather Jamie to seek a purchaser for the Development Rights on an unconditional basis only.

Unconditional offers to acquire the Development Rights are invited from interested parties by Midday on Thursday 19th March 2026.