Final Commercial Units Sold at Glenfield Business Start-Up Development

Residential

development opportunity at the rear of The Malt Shovel, 5 Church Road, Ryton-on-Dunsmore, Coventry CV8 3ET.

There is a resolution to grant planning permission for two detached dwellings and associated garages, subject to entering into a Section 106 Agreement. Planning application ref: R22/0586. A financial contribution of £14,725 is payable in respect of the Section 106 Agreement to mitigate for the loss of biodiversity on the site. Guide Price: £325,000 plus VAT. For more information, or to arrange a viewing, contact Richard Tole at WTS Property Consultants on 07917 088 221 or email: richard@wtscommercial.co.uk

Site for 9 dwellings in Nether Broughton

THOMAS JAMES Land & New Homes are offering for sale a residential development site with full planning consent (ref: 21/01073/REM) for the erection of 9 dwellings.

The site – at Old Dalby Road, Nether Broughton, Leics. LE14 3EY – extends to approximately 1.43 acres.

Guide Price: £1,000,000 to £1,200,000.

Contact Thomas James for more information on 0115 856 0522 or email: land@tjea.com

THE FINAL UNIT in a development of seven commercial buildings within Glenborough Court, Glenfield, Leicester has been sold by specialist land development and property consultancy

Mather Jamie on behalf of Lagan Homes.

The units have been designed and marketed as suitable for new business start-ups in order to meet a much needed gap in the market for small, high quality owner occupier investment opportunities. Occupation of the seven units has also created several new employment opportunities in Glenfield.

The site was originally occupied by Glenborough Engineering. When this business closed, having built an adjacent business park, Cawrey Homes purchased the land and self-funded part of the build. Construction was completed in 2021 and Cawrey Homes was subsequently acquired by Lagan Homes.

The seven two storey units vary in size from 1,238 ft2 to 1,560 ft2 and the businesses occupying the units include professional advisers, electricians, distributors and a wholesales trading business, whilst one of the units is being fitted out to let as an office.

Established in 1983, Lagan Homes Group is at the forefront of highquality homebuilding, with a range of commercial schemes across the country. An award-winning developer operating in three divisions (England, Northern Ireland, and the Republic of Ireland) Lagan Homes is committed to transforming innovative, creative designs into high quality homes and through collaboration bringing the public & private sectors to drive economic growth into newly created communities.

Commenting on the deal, Adrian Regan, Land Director, from Lagan Homes said, “The units have been expertly marketed over the past year with strong demand from buyers who want to purchase property as an investment within their pension portfolio. Working together as a team we have achieved a great outcome on this exciting new development which complements other business start-up units we have available on Pear Tree Office Park in Ratby.”

Based in Loughborough, the Mather Jamie commercial property team specialises in the acquisition, sale and lettings of commercial property, including office, industrial and retail units. The team recently won a ‘most active agent’ award, was the highest-ranked agency in Leicester for disposals, and the 5th highest ranked single branch agency in the East Midlands for both acquisitions and disposals in the 2022 CoStar awards.

Commenting, Alex Reid, Head of Commercial said, “High quality units of this size and location are highly sought after and we have worked hard to create the right interest and ensure each sale has completed quickly so that our client can continue to re-invest and create other similar developments.”

Other advisers on the deal included Emma Ali from Shakepeare Martineau who provided legal advice to Lagan Homes.

Brackley Property Development Limited (c/o Agent: Mr Chris Webster, Stephen George & Partners, Waterfront House, 2A Smith Way, Grove Park, Enderby, Leicester LE19 1SX) - Outline application for mixed use development comprising B1 offices, B2 general industry, B8 storage and distribution, A3 cafes and restaurants, D1 uses including health care and a children’s nursery and D2 leisure uses with associated vehicular access, parking, landscaping and surface water balancing (access to be considered) (Variation of condition 18 (scheme of signalisation B4114/B581) of 19/00856/OUT to vary the timescales for highway improvements to allow phase 1 to be occupied prior to works being carried out – at Broughton Astley Golf Complex, Coventry Road, Broughton Astley, Leics.

KAYBEE DEVELOPMENTS

LIMITED (c/o Agent: Design Studio Architects Limited, Regent House, 7 Upper King Street, Leicester LE1 6XB)Creation of new access and erection of 4 dwellings with associated garaging/carports (revised scheme of 20/00781/ FUL) (Variation of condition 2 (approved plans) of 21/01695/ FUL to change the ‘arched’ openings on Plot 1, necessary to accommodate the exposed rafter feet detail in construction, and to amend the garage block to provide additional storage space and alterations to fenestration (south west elevation) for Plot 2) – at Land OS 1377, Caldecott Road, Great Easton, Leics.

Rutland County

BARROWDEN PARISH

COUNCIL (c/o Agent: Ms Lucy Ward, Harris McCormack Architects, Arc Haus, Peterborough Road, Wansford PE8 6JN) – New community hub with proposed parking to include parking to the surgery site – at Barrowden Village Hall, Wakerley Road, Barrowden, Rutland LE15 8EP.