Land for sale

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Land for sale

Desford Lane, Peckleton, LE9
£225,000

Price History

Initial price £325,000
10/04/25 £295,000
30/07/25 £225,000
Price Change -30.77%

Description

This 17.92-acre arable land is situated in Peckleton, adjacent to the Griffen Park development site, with convenient transport links to the Midlands region and beyond. The land is classified as Grade 2 and has a loamy clayey soil, making it suitable for agricultural use. Although not currently developed, the land has potential for strategic development, being adjacent to existing commercial development and nearby a site allocated for 340,000 sqm of B8 development in the 2020 SHELAA report. The land is being sold with an overage clause, retaining 30% of any uplift in value attributed to a change of use or planning permission, and comes with sporting and mineral rights. The land is currently let on a 1-year Farm Business Tenancy, with vacant possession available on September 29, 2026, or earlier if required.