Key Information
- Approximately 0.378 acres (0.153 hectares)
- High profile city centre location
- Planning consent for 80 unit residential scheme
- Price on application
- The following information is available: CGIs Design and Access Statement Site Drawings Planning Documentation and Reports
- Price on application.
The site comprises a well-located residential development opportunity extending to approximately 0.378 acres (0.153 hectares), occupying a prominent corner position at the junction of Vaughan Way and St Margaret's Way in Leicester city centre. The site is clear of buildings and ready for development, with planning consent granted for an eight-storey residential scheme comprising 80 apartments (Class C3). The consented scheme provides a mix of: 42 x 1-bedroom apartments 30 x 2-bedroom apartments 8 x 3-bedroom apartments Planning Reference: 20250484
Location
The site occupies a high-profile corner position at the junction of Vaughan Way (A594) and St Margaret's Way (A6), in the heart of Leicester city centre. Vaughan Way forms part of the city's inner ring road, while St Margaret's Way provides a principal arterial route connecting the wider county to the city. The surrounding area has seen significant regeneration in recent years, including The Wullcomb, No.1 Great Central Square and The Saxons residential development. The site is within easy walking distance of Highcross Shopping Centre, with St Margaret's Bus Station directly opposite and Leicester Railway Station approximately 1.3 miles to the southeast. De Montfort University is approximately 1.5 miles away.
VAT
All figures are exclusive of VAT.
Services
Interested parties are advised to discuss the extent and availability of services with utility companies.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted in accordance with the RICS Property Measurement Second Edition.
Planning
Planning consent has been granted for an eight-storey residential development comprising 80 apartments (Class C3 Use), providing 42 one-bedroom, 30 two bedroom and 8 three-bedroom apartments. Further details and full supporting documentation relating to the planning application are available from the appointed agents upon request.
Viewing
Viewings are by appointment with sole agents Innes England. ANTI-MONEY LAUNDERING In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required prior to any offer being accepted.